Insurance broker Marsh & McLennan seems intent on settling New York Attorney General Eliot Spitzer's allegations of bid-rigging. The desire to settle quickly illustrates a familiar pattern in the AG's attacks on alleged corporate misbehavior -- none of the accused companies has taken the battle to the courtroom. Attorneys say executives and their lawyers believe that a quick settlement will put them back on the road to prosperity faster than a long well-publicized court battle.
Companies Under Fire Often Decide to Settle to End Problems Quickly
New York Law Journal
November 30, 2004