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XL Prevails In 11th Circ. 'Consent-To-Settle' Fight

By Jeff Sistrunk (June 23, 2015, 7:51 PM EDT) -- XL Specialty Insurance Co. doesn't have to cover Piedmont Office Realty Trust Inc.'s $4.9 million shareholder-suit settlement, the Eleventh Circuit held Tuesday, two months after the Georgia Supreme Court ruled that Piedmont's failure to obtain XL's consent for the deal doomed its breach of contract suit against the insurer....

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