'Bump-Up' Exclusion Ruling Flouts Precedent, 4th Circ. Told
By Ganesh Setty · May 24, 2023, 7:13 PM EDT
A merger of equals cannot constitute an acquisition under a directors and officers policy's so-called bump-up exclusion, Towers Watson told the Fourth Circuit, urging the court to rethink its decision paving...
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