$2M Award Upheld In Malpractice Firm Funding Row

Law360, New York (July 19, 2013, 8:02 PM ET) -- An Ohio federal judge on Thursday confirmed a $2 million arbitration award granted to investment company Physicians Insurance Capital LLC in a suit accusing a medical malpractice insurance firm of misleading investors about the amount of capital it held during a private investment round.

U.S. District Judge Sara Lioi affirmed a $2 million arbitration award ordered against Praesidium Alliance Group LLC in binding arbitration with Physicians Insurance. Judge Lio said that because the arbitrator did not list a reason for the award, it was difficult for...
To view the full article, register now.




Case Information

Case Title

Physicians Insurance Capital, LLC et al v. Praesidium Alliance Group, LLC et al

Case Number



Ohio Northern

Nature of Suit

Other Statutes: Arbitration


Sara Lioi

Date Filed

July 12, 2012

Law Firms