Fourth Circuit: “Bump-Up” Exclusion Applies When Settlement Seeks to Cure Harms Associated with Undisclosed Conflict of Interest During Merger Transaction
JD Supra: Mergers
JUNE 26, 2025
In 2015, the insured entered into a merger agreement. As part of the merger, the insured’s shareholders received the right to 2.649 shares of the. By: Wiley Rein LLP
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