CONSECO AND J. C. PENNEY SETTLE DISPUTE OVER SALE OF INSURANCE COMPANY

On November 28, 2007, we reported on a dispute involving the sale by Conseco Insurance Company of two insurance subsidiaries to J. C. Penney. The post described a decision transferring a case pending in Conseco’s home venue of Indiana to California, where another action relating to the dispute was pending. Less than two months after the transfer order was entered, the parties filed a notice of settlement of their dispute. No details are available about the settlement. Conseco Ins. Co. v. J. C. Penney Life Ins. Co., Case No. 07-6901 (USDC C.D. Cal. 11/8/2007).

This post written by Rollie Goss.

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