RealPage Says Insurers In Yardi Row Can't Recoup Payout

Law360, New York (August 15, 2012, 7:51 PM EDT) -- RealPage Inc. sued ACE European Group Ltd., Barbican Syndicate 1955 at Lloyd's and Axis Surplus Insurance Co. in Texas Tuesday, claiming they have no right to demand the return of millions of dollars they paid to defend RealPage in a trade secret and antitrust battle with Yardi Systems Inc.

In July, ACE and Barbican — referred to in the complaint as "the underwriters" — rescinded a 2011 primary policy because RealPage allegedly didn't submit an accurate application for 2011 coverage, failed to make a claim regarding...
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