Mead Johnson Seeks $13M False Ad Coverage In 7th Circ.

Law360, Chicago (September 24, 2013, 2:59 PM EDT) -- Baby formula maker Mead Johnson & Co. asked the Seventh Circuit on Tuesday to overturn a decision that freed its insurers from covering a $13.5 million false advertising verdict, arguing that the insurers were not prejudiced by late notice of the underlying suit.

During oral arguments in Chicago, Mead Johnson claimed that an Indiana federal judge erred in granting summary judgment to National Union Fire Insurance Company of Pittsburgh, Pa. and another insurer in the coverage dispute, which arose from a jury verdict in late 2009...
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.