Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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In a major victory for the insurance industry, the Pennsylvania Superior Court upheld the dismissal of a class action brought by doctors who claim that Aetna and its HMO subsidiary, U.S. Healthcare, routinely delay paying them for "months or even years." The court rejected the argument that since agreements with Aetna are silent on the timing of payments, the courts should infer a duty to make payment within a "reasonable time."
April 19, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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