Wham-O, Insurer Settle Duty To Defend Suit For Now

Law360, New York (January 19, 2010, 4:53 PM EST) -- A federal judge has signed off on a stipulated dismissal between toymaker Wham-O Inc. and its insurer, placing the duty to defend suit on ice as Wham-O continues to litigate a trademark dispute with a Hong Kong rival.

Judge Sandra Armstrong of the U.S. District Court for the Northern District of California approved the dismissal of claims without prejudice Friday. Although the specific terms of the settlement were not disclosed in court filings, each party will bear its own costs and expenses, the motion said....
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