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Tag: Subrogation

Insurers Too Late for Subrogation in Auto Parts Price-Fixing Case, Court Rules

Insurers waited too lengthy to intervene in anti-trust litigation that introduced settlements requiring dozens of auto elements producers to pay a complete of $1.2 billion to resolve price-fixing allegations, a panel of the U.S. sixth Circuit Courtroom of Enchantment dominated Wednesday. In a broadcast determination, the appellate panel affirmed a U.S. District Courtroom ruling that denied a movement to intervene filed by Monetary Restoration Companies ...

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