Evanston's Bratz Defense Bill Should Be $11M, Chartis Says

Law360, Los Angeles (April 10, 2012, 8:32 PM EDT) -- Three Chartis Inc. companies urged a California federal judge Tuesday to increase Evanston Insurance Co.’s share of costs related to the defense of MGA Entertainment Inc. in its Bratz trade secrets battle with Mattel Inc., bumping Evanston's liability from $8.5 million to $10.9 million.

Mark D. Sheridan, an attorney for Chartis Specialty Insurance Co., National Union Fire Insurance Co. of Pittsburgh, Pa., and Lexington Insurance Co., told U.S. District Judge David O. Carter on Tuesday that the judge incorrectly counted two insurance policies from The Hartford...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.