{"id":112080,"date":"2026-08-05T20:51:08","date_gmt":"2026-08-05T20:51:08","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/112080\/"},"modified":"2026-08-05T20:51:08","modified_gmt":"2026-08-05T20:51:08","slug":"aig-chubb-beat-zayo-on-coverage-for-post-ma-shareholder-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/112080\/","title":{"rendered":"AIG, Chubb Beat Zayo on Coverage for Post-M&#038;A Shareholder Deal"},"content":{"rendered":"<p>Communications infrastructure company Zayo Group Holdings Inc. failed to convince a Delaware state judge that units of American International Group Inc., Chubb Ltd., and Arch Capital Group Ltd. should cover a $27 million settlement paid by the company\u2019s former CEO in shareholder litigation over a take-private transaction.<\/p>\n<p>The settlement was \u201can effective increase in consideration\u201d barred by \u201cbump-up\u201d exclusions in the insurers\u2019 policies, Judge Paul R. Wallace said in a Wednesday <a href=\"https:\/\/aboutblaw.com\/bmum\" rel=\"nofollow noopener\" target=\"_blank\">ruling<\/a> for the Delaware Superior Court. The insurers were also granted summary judgment on Zayo\u2019s bad faith claim because a breach of contract couldn\u2019t be established.<\/p>\n<p>\u201cThe &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Communications infrastructure company Zayo Group Holdings Inc. failed to convince a Delaware state judge that units of American&hellip;\n","protected":false},"author":2,"featured_media":112081,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[131],"tags":[22548,240,5982,1764,1769,1765,54724,1767,1763,1768,7285],"class_list":["post-112080","post","type-post","status-publish","format-standard","has-post-thumbnail","category-chubb","tag-breach-of-contract","tag-chubb","tag-corporate-officers","tag-exclusions-from-coverage","tag-insurance-agents","tag-insurance-brokers","tag-leveraged-buyout","tag-mergers","tag-settlements","tag-shareholder-suits","tag-summary-judgment"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/117044883167017805","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/112080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=112080"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/112080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/112081"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=112080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=112080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=112080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}