Law360, New York (May 23, 2012, 6:13 PM ET) -- Sony Corp. said Monday that it will drop a California suit seeking coverage for a slew of lawsuits it faces after hackers plundered its PlayStation Network for customer information, and will instead litigate the issues in a New York suit brought by one of its insurers.
In a letter to Judge Jeffrey K. Oing of New York Supreme Court in New York County, Sony and its affiliates said that they won't appeal a California court's dismissal of their action in California even though they still believe...