Davis v. Farmland Mutual Insurance Co.

ZINTER, Justice.

[¶ 1.] In 1999, Patrons Cooperative Association filed for Chapter 11 bankruptcy protection. The bankruptcy court appointed Lester Davis, Jr. as a bankruptcy examiner. Davis investigated Patrons’ prior business activities and commenced legal proceedings against Patrons’ directors1 and managers for damages arising from their operation of the business. Davis also commenced this declaratory judgment action against Farmland Mutual Insurance Company to determine whether Patrons’ Directors, Officers and Managers Liability Insurance Policy (DOM policy) afforded *715coverage for the…