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2.1 COVID-19

Early in the pandemic, many commentators

The first-order impact of COVID-19 from

indeed there has been some. Good boards

a D&O insurance perspective is a story

of directors, however, immediately leaped

of winners and losers. Some industries,

into action by asking the right questions and

particularly any industry that supports

helping to support management in the face of

working from home, immediately did

an unprecedented crisis.

well. Other industries, particularly travel, hospitality, restaurants, and in-person entertainment such as movie theaters, immediately suffered.

promptly predicted a slew of litigation, and

As companies plan for 2021, they are faced with considering the long-term impact of the pandemic. Some companies will have to deal with the continued fallout from D&O litigation that has already been filed against them.

SELECT SECURITIES CLASS ACTION EVENT LITIGATION RELATED TO COVID-19 Through August 2020

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D&O LOOKING AHEAD 2021 | WOODRUFF-SAWYER & CO.

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