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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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’s headquarters in McLean, Va. The company, 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.

Still, Appian, which sells business-process automation software, is certain it will get paid at least $500 million, despite a potentially lengthy appeal.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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 98. in RU

Россия Последние новости, Россия Последние новости