Supreme Court of Delaware
Stillwater Mining Company v. National Union Fire Insurance Company of Pittsburgh, PA
January 12, 2023
Summary
The Supreme Court of Delaware affirmed dismissal of Stillwater Mining Company's claims against its directors' and officers' liability insurers. It held that Delaware law governs because the policies form a comprehensive insurance program for a Delaware corporation and Delaware has the most significant relationship to the contract and dispute. Applying Delaware law, Stillwater could not recover defense costs for the appraisal action, and the court also upheld denial of Stillwater's motions for voluntary dismissal and a stay.