Insurer Skimped On Pepsi's Defense Costs, Judge Says

Law360, New York (January 4, 2011, 5:08 PM EST) -- A federal judge has ruled Century Indemnity Co. failed to properly reimburse Pepsi-Cola Metropolitan Bottling Co. Inc. for attorneys' fees in a slew of chromium contamination suits, but ordered arbitration to determine whether the extent of the fees was reasonable.

In an opinion filed Dec. 28 in the U.S. District Court for the Central District of California, Judge Stephen V. Wilson granted Pepsi summary judgment on its claim that Century breached its duty to defend by delaying its reimbursements to the company’s counsel, Latham & Watkins...
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