The Niche Insurance Policy Behind a Software Company’s Big Legal Payout

📆 17/10/2023 12:35:00
📰 WSJ

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Appian, a business software company, took out what’s known as judgment preservation insurance, which protects against the downside of a lengthy appellate process

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/the-niche-insurance-policy-behind-a-software-companys-big-legal-payout-546b4641Appian, which sells business-process automation software, is certain it will get paid at least $500 million, despite a potentially lengthy appeal.It could be years before Appian, a software company, sees a dollar of the $2 billion judgment it was awarded last year in a corporate espionage case against rival Pegasystems.This copy is for your personal, non-commercial use only.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Surge in Health-Insurance Costs Pose Next Challenge for Finance ChiefsHealthcare costs are rising at the steepest rate in years, leaving CFOs to manage the price tags
La source: WSJ - 🏆 98. / 63 Lire la suite »

What Happens When the Flood Insurance Market Goes Underwater?More homeowners than ever need flood insurance. Fewer than ever can afford it.
La source: Gizmodo - 🏆 556. / 51 Lire la suite »