AMC vs 17 Insurance Companies - How Much $$ is headed AMC's way?! SURPRISING Facts everyone missed.

AMC vs 17 Insurance Companies - How Much Money is actually headed AMC's way?! SURPRISING Facts everyone missed. A Delaware trial judge Friday February 28th, 2025 disagreed with an excess directors and officers liability insurer’s contention that AMC Entertainment Holdings Inc.’s use of more than 6.8 million shares of common stock to settle a shareholder lawsuit did not constitute a coverable loss. New Castle County Superior Court Judge Meghan A. Adams said in AMC Entertainment Holdings Inc. v. XL Specialty Insurance Co. et al. that while the insurer could be required to cover its portion of the settlement, it was unclear if AMC obtained the consent of its insurers before resolving the suit. What most people reporting on this missed is that 16 of the 17 defendants have already settled this case. So how much is left on the table for AMC to potentially recover based on the judge's decision? #TonyDenaro #AMC #insurance

Case Text: https://casetext.com/case/amc-entmt-holdings-v-xl-specialty-ins-co

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