Law360, New York (November 20, 2009) -- The highest court in West Virginia has overturned a $4.2 million jury verdict against Erie Indemnity Co., ruling that the decision by Erie and its subsidiaries to terminate a contract with Princeton Insurance Agency did not constitute restraint of trade under the Sherman Act.
In a per curium opinion issued Wednesday, the Supreme Court of Appeals of West Virginia said Erie could not have conspired with another party to restrain competition -– a requisite...
