January 04, 2012
UMG Recordings Inc. on Wednesday resolved its suit in California federal court against American Home Assurance Co. claiming the insurer breached a contract by failing to pay $2.8 million in legal fees and costs for an underlying Racketeer Influenced and Corrupt Organizations Act lawsuit.
November 01, 2010
The U.S. Supreme Court has refused an insurer's bid to review a circuit court's definition of the phrase “arising out of” in arbitration clauses, an issue that the insurer said had sharply divided the circuits in deciding whether contract disputes must be arbitrated.