BRS Settles Contract Dispute With Insurance Broker

Law360, New York (June 22, 2012, 4:57 PM EDT) -- New York private equity firm Bruckmann Rosser Sherrill & Co. LLC has settled a breach of contract suit in New York state court against insurance broker Marsh USA Inc. over Marsh's alleged failure to secure excess directors and officers insurance, according to court documents filed Tuesday.

A order entered by New York Supreme Court Judge Milton A. Tingling Jr. on Tuesday rejected a previously filed motion in the case as moot. The motion was irrelevant because "this matter has been settled," according to Judge Tingling's order....
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