4th Circ. Hears Towers Watson's Bump-Up Exclusion Appeal

By Hope Patti · May 6, 2025, 6:19 PM EDT

The Fourth Circuit seemed skeptical Tuesday that Towers Watson's settlement of shareholder litigation was not an effective increase in deal compensation barred by a so-called bump-up exclusion in its directors and...

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Case Information

Case Title

Towers Watson & Co. v. National Union Fire Insurance Company

Case Number

24-1302

Court

Appellate - 4th Circuit

Nature of Suit

4110 Insurance

Date Filed

April 10, 2024