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March 11, 2020 | Insurance Coverage Law Center

What Legal Issues are Involved When Insurance Giants Merge?

The Aon and Willis merger will create one of the world's largest brokerages. Why were so many law firms hired, and what issues did they address?
3 minute read
March 10, 2020 | Insurance Coverage Law Center

Aon Agrees to Purchase Willis Towers Watson in $30 Billion Deal

The almost $30 billion transaction combines the world's second- and third-biggest insurance brokerages.
3 minute read
March 09, 2020 | The American Lawyer

Bevy of Big Law Firms Advise On $30B Merger of Insurance Giants

The combination will create one of the world's largest insurers.
3 minute read
February 28, 2020 | Insurance Coverage Law Center

Insurance, Claims Execs Honor Late Sedgwick Founder Robert Young

Executives sounded off around the insurance industry in support of Sedgwick Founder Bob Young's influence and impact.
3 minute read
December 10, 2019 | Insurance Coverage Law Center

Insurers Withdrawing Cover from Coal Projects Doubled in 2019, Report Says

The number of insurers withdrawing cover for coal has more than doubled in 2019, the Unfriend Coal campaign reported.
4 minute read
December 04, 2019 | Insurance Coverage Law Center

AIG Names Allison Barrett Head of Multinational General Insurance

American International Group, Inc., has appointed Allison Barrett as global head of multinational general insurance.
2 minute read
October 09, 2019 | Insurance Coverage Law Center

Allianz Global Corporate & Specialty Appoints New Global Head of Reinsurance and Catastrophe Risk Management

Allianz Global Corporate & Specialty SE has appointed Hyeji Kang as global head of reinsurance and catastrophe risk management.
2 minute read
September 03, 2019 | The Legal Intelligencer

Lamb McErlane Opens Phila. Office, Taking Pair From Sprague & Sprague

Podraza said a chance at partnership and building a Philadelphia office drew him to the West Chester-based firm.
3 minute read
August 13, 2019 | Insurance Coverage Law Center

Prudential Financial Completes Second-Largest Pension Longevity Risk Transfer

The HSBC Bank (UK) Pension Scheme has completed a captive longevity reinsurance transaction with Prudential Financial, Inc.
2 minute read
In re: Towers Watson & Co. Stockholders Litig.
Publication Date: 2019-08-07
Practice Area: Corporate Governance
Industry: Consulting
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys:
For plaintiff: Michael J. Barry and Christine M. Mackintosh, Grant & Eisenhoffer P.A., Wilmington, DE for plaintiffs Alaska Labor-ers-Employers Retirement Trust and City of Fort Myers Gen. Employees' Pension Fund. Lee D. Rudy, Geoffrey C. Jarvis, J. Daniel Albert and Stacey A. Greenspan, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for City of Fort Myers Gen. Em-ployees' Pension Fund. Bradley R. Aronstam and Roger S. Stronach, Ross Aronstam & Moritz LLP, Wilmington, DE
For defendant: John A. Neuwirth, Joshua S. Amsel, Matthew S. Connors, Amanda K. Pooler and Sean Moloney, Weil, Gotshal & Manges LLP, New York, NY for defendants Ganzi, Haley, Heisz, O'Neill, Rabbitt, Ray, Thomas and Zeller. Raymond J. DiCamillo and Sarah T. Andrade, Richards, Layton & Finger, P.A., Wilmington, DE; Richard S. Horvath, Jr., Paul Hastings LLP, San Francis-co, CA for defendants Ubben and ValueAct Capital Management, L.P.
Case number: D68658

Stockholders failed to rebut the business judgment rule, because they did not present sufficient evidence of a conflict of inter-est.

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