Law360, New York (October 07, 2009) -- A federal appeals court has vacated and remanded most of a ruling from the U.S. District Court for the Western District of Michigan that had favored Amway's parent company, Alticor Inc., against National Union Fire Insurance Co. of Pittsburgh in a breach of settlement spat over the insurer's duty to defend.
The three-judge panel of the U.S. Court of Appeals for the Sixth Circuit filed its opinion on Wednesday, affirming the award of a 12 percent penalty interest on portions of...
