Reed Elsevier's Summary Bid Nixed In Contract Spat

Law360, New York (August 4, 2010, 6:08 PM EDT) -- A suit brought by the American Hardware Manufacturers Association alleging Reed Elsevier Inc. fraudulently induced it into entering a contract to sever their relationship will proceed to trial, following a judge's ruling that there are genuine factual disputes that bear on whether it would be equitable to rescind the agreement.

Judge Matthew F. Kennelly of the U.S. District Court for the Northern District of Illinois on Monday denied Reed Elsevier's bid for summary judgment on AHMA's request for the rescission of a release contained in an...
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