Court Narrowly Construes Bump-Up Exclusion in Willis Towers Watson Case

With the increase in M&A activity in the insurance market over the past year, companies and practitioners have seen an inevitable increase in related litigation, including lawsuits filed by shareholders of an acquired entity seeking damages for alleged breaches of duty by board members, and in some cases claiming that the acquisition consideration was inadequate. In this article, of counsel Howard Epstein and special counsel Ted Keyes discuss the rise in litigation and the impact of recent court decisions.