Article
False Advertising And Unfair Business Practices Exclusion Bars Coverage For Enforcement Action Against Insured Merchant Cash Advance Company
The United States District Court for the District of New Jersey, applying New Jersey law, held that a D&O policy’s false advertising and unfair business practices exclusion barred coverage for an enforcement action alleging that a merchant cash advance company engaged in illegal lending and marketing practices. Yellowstone Capital LLC v. Argonaut Insurance Co., 2026 WL 2321647 (D.N.J. Aug. 11, 2026).
Wiley Rein