2nd Circ. Affirms McGraw-Hill Win In Royalties Class Action

Law360, New York (May 16, 2013, 6:43 PM EDT) -- The Second Circuit on Thursday upheld the dismissal of a proposed breach of contract class action claiming The McGraw-Hill Cos. underpaid authors for royalties on books sold outside the U.S., ruling that the payments were in line with the authors' contracts.

U.S. District Judge Andrew L. Carter Jr. ruled in October that the royalty payments the plaintiffs alleged were unfair were expressly allowed by the contracts, and the the Second Circuit said it was affirming for "substantially the reasons stated by the district court in its...
To view the full article, register now.