EMC Must Pay ReliaStar $3.9M In Fees: 2nd Circ.
By Ryan Davis ( April 9, 2009, 12:00 AM EDT) -- In a case involving a disputed coinsurance agreement between ING Group N.V. unit ReliaStar Life Insurance Co. of New York and EMC National Life Co., a federal appeals court has ruled that a statement in an arbitration agreement that each party will bear its own arbitration and attorneys' fees does not preclude an arbitrator from awarding such fees as a sanction when one party fails to arbitrate in good faith....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.