VERDICT: $135,200,191.29 to Montana ISO Frontline Processing against Global Payments Direct for breach of contract and wrongful withholding of “merchant adjustments” under guise of indemnification for legal fees incurred in defending regulatory action. [Read more…]
Arbitration, maritime policy, Montana yacht
ARBITRATION: Orders finding an arbitration clause in a maritime policy enforceable and compelling arbitration of 2 claims but not 10 others against underwriters that denied coverage for a yacht owned by Montanans that ran ashore off Panama affirmed in part and reversed in part, remanded to grant insurers’ motion to compel arbitration in its entirety. . . Watters affirmed, reversed. [Read more…]