24-1302·INSURANCE
Towers Watson & Co. v. National Union Fire Insurance Company
Affirmed
Status
- Scheduled
- Argued
- Opinion Issued (current)
Question Presented
Whether D&O policy's bump-up exclusion applied to preclude indemnification in shareholder litigation challenging merger.
Argument Date
May 6, 2025
Argument Time
9:30 a.m.
Panel
V
Courtroom
Tweed Courtroom (Room 414-D)
Lower Court Judge
Trenga
Panel
Judge Agee
Judge Wynn
Judge Rushing
Citation
CaseTowers Watson & Co. v. National Union Fire Insurance Company, No. 24-1302 (4th Cir. May 28, 2025)
PanelAgee, Wynn & Rushing, JJ.
Arguing Counsel
Panel That Day
2 of 2 cases argued May 6, 2025 before this panel have been decided.
Decided
23-2319
Bank of America Corporation, f/k/a NationsBank, f/k/a BankAmerica Corporation, f/k/a FleetBoston Financial Corporation, f/k/a BankBoston Corporation, f/k/a Summit Bancorp, f/k/a Mbna Corporation, f/k/a Merrill Lynch & Company, Incorporated v. United States of America
Authored by Judge Wynn
24-1302· This case
Towers Watson & Co. v. National Union Fire Insurance Company
Authored by Judge Agee
Opinions
- Read opinion ↗May 28, 2025Majorityby Agee
Disposition
Affirmed
May 28, 2025