$2M Award Upheld In Malpractice Firm Funding Row

Law360, New York (July 19, 2013, 8:02 PM EDT) -- An Ohio federal judge on Thursday confirmed a $2 million arbitration award granted to investment company Physicians Insurance Capital LLC in a suit accusing a medical malpractice insurance firm of misleading investors about the amount of capital it held during a private investment round.

U.S. District Judge Sara Lioi affirmed a $2 million arbitration award ordered against Praesidium Alliance Group LLC in binding arbitration with Physicians Insurance. Judge Lio said that because the arbitrator did not list a reason for the award, it was difficult for...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Physicians Insurance Capital, LLC et al v. Praesidium Alliance Group, LLC et al


Case Number

4:12-cv-01789

Court

Ohio Northern

Nature of Suit

Other Statutes: Arbitration

Judge

Sara Lioi

Date Filed

July 12, 2012

Law Firms

Companies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.