McGraw-Hill Closes Book On Foreign Royalty Dispute

Law360, New York (October 24, 2012, 2:03 PM EDT) -- A New York federal judge on Tuesday tossed a putative breach of contract class action alleging The McGraw-Hill Cos. Inc. shortchanged authors on royalties for books sold abroad, ruling that the publisher properly followed the terms of agreements with its authors.

U.S. District Judge Andrew L. Carter Jr. shot down claims made by lead plaintiff Bob Cordell, an author who alleged, among other things, that McGraw-Hill sold books at low prices to certain in-house divisions which then resold the books at market value outside the U.S.,...
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