Del. Court Rules Against Insurers In Harman 'Bump-Up' Case
By Jeff Montgomery ( January 3, 2025, 8:32 PM EST) -- In a closely watched ruling on director and officer insurer denials of mergers and acquisitions cost "bump-up" payouts, a Delaware judge sided on Friday with Harman International Industries' claims that insurance providers unjustifiably denied coverage for a $28 million settlement of challenges to Harman's 2017 merger with Samsung Electronics America Inc....
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