Insurer Loses Appeal Bid To Stay UMG Contract Case

Law360, New York (May 14, 2010, 2:51 PM EDT) -- A federal appeals court has rejected American Home Assurance Co.'s challenge to a district court's decision not to stay a breach of contract case brought against the insurer by Vivendi SA subsidiary UMG Recordings Inc. pending arbitration.

The U.S. Court of Appeals for the Ninth Circuit issued a memorandum denying American Home's motion to stay the contract and bad faith action on Thursday, affirming the lower court's conclusion that a mandatory arbitration provision did not extend to claims UMG and Universal Music Group Inc. leveled against...
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