Axis Says RealPage's Coverage Suit Flouts Mediation Clause

Law360, New York (September 7, 2012, 7:03 PM EDT) -- Axis Surplus Insurance Co. told a Texas federal court Thursday that RealPage Inc. ignored the terms of an insurance policy by suing over the insurer's attempts to recoup money paid to defend RealPage in a trade secrets and antitrust battle with another company.

Axis said that RealPage's suit — which seeks a declaratory judgment that Axis and two other companies improperly sought to recover money used to pay for RealPage's defense in a court battle with a competing software company, Yardi Systems Inc. — was brought...
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