Avis Appeals $16M Verdict In Rent-A-Car Contract Spat

Law360, New York (February 10, 2010, 3:34 PM EST) -- Car rental company Avis Budget Group Inc. is appealing a verdict awarding $16 million to licensee Alaska Rent-A-Car Inc. in a suit that accused Avis of breaching a contract settlement following the 2002 merger of Avis and Budget Rent A Car Inc.

Avis filed a notice of appeal Tuesday in the U.S. District Court for the District of Alaska.

The appeal request came after Judge Timothy M. Burgess rejected Avis’ request to set aside the verdict or seek a new trial.

The Alaska licensee had alleged...
To view the full article, register now.