Porn Co. Moves To Resolve Legal Insurance Suit

Law360, New York (December 6, 2010, 6:43 PM EST) -- Online porn company RK Netmedia Inc. is resolving a dispute with its insurers following the settlement of copyright infringement claims brought against it by Warner Music Group.

On Friday a judge in the U.S. District Court for the Southern District of Florida dismissed without prejudice suit that RK Netmedia had lodged against American Safety Indemnity Co. for refusing to defend and indemnify it from Warner Music's allegations.

Warner affiliates, which were originally seeking $75 million in damages from RK, filed a notice of dismissal Nov. 29...
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