[JumpCrisscross]

Judge "Walrath argued that the majority of women who supported the deal might receive nothing in a settlement if she denied the legal shields because insurers refused to pay without them and the studio had only $3 million to dispense to all creditors. The settlement’s collapse would leave Weinstein’s accusers with only the dicey prospect of pursuing further litigation."

This is a story about insurance claims in bankruptcy. To the degree there is scope for reform, it's in exempting insurers from liability in cases of sexual misconduct. The downside: there will be less cash and a longer route to settlement for victims.

[bradleyjg]

It’s not only about insurance. The directors got personal liability waivers.

[JumpCrisscross]

> directors got personal liability waivers

Their personal liability stems from their Board seats. That’s squarely in the purview of most D&O policies.

[bradleyjg]

It’s covered by D&O policies by liability isn’t capped by insurance.