21-11-2017 06:02 via feeds.lexblog.com

Disney, AIG head into arbitration on ABC’s settlement with BPI

A federal judge has ordered AIG Specialty Insurance Co. into arbitration with The Walt Disney Co. in a dispute about a $25 million liability policy held by the ABC television network, which Disney owns.
Disney wants to tap ABC’s  insurance to partially offset its payout to Dakota Dunes, SD-based Beef Products Inc. (BPI). The payout is part of an out-of-court settlement in a defamation lawsuit BPI filed against the television network’s news divi
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