Co. Says Chubb Unit Must Cover $5M Merger Dispute Defense
By Jennifer Mandato ( March 6, 2024, 7:42 PM EST) -- A holding company subsidiary of Banco Santander told a Delaware federal court that a Chubb unit must contribute to $5 million in legal expenses the company has incurred in defending itself in an underlying class action brought by minority shareholders who objected to a merger with another subsidiary....
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