Seagate, National Union Resolve Litigation Costs Spat

By Allison Grande

Law360, New York (March 18, 2010, 2:33 PM ET) -- Seagate Technology LLC and National Union Fire Insurance Company of Pittsburgh have settled the insurer's arbitration action related to its obligation to reimburse Seagate for $9 million in patent litigation costs, a move that comes as the parties near a resolution in Seagate's underlying coverage suit.

Judge Paul D. Gardephe of the U.S. District Court for the Southern District of New York on Wednesday agreed to dismiss with prejudice, but without costs, National Union's August bid to compel arbitration to determine whether Seagate is obligated to...
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