Amway Seeks To Force Insurers To Cover Copyright Damages
Law360, New York (April 28, 2017, 7:35 PM EDT) -- Amway Inc.’s parent company slapped AIG subsidiaries with a suit in Michigan federal court Thursday in a bid to force the insurers to cover the health and beauty marketing firm’s settlement of a copyright dispute with several of the world’s largest record companies.
Alticor Global Holdings Inc. claimed in its complaint that AIG Specialty Insurance Company, now known as Chartis Specialty Insurance Company, and National Union Fire Insurance Company breached the terms of their policies by denying coverage for "well in excess of $5 million" in legal damages resulting from copyright suits brought by Sony Music Entertainment, Warner Music Group Corp....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!