Since the pandemic began, most of the COVID-19-related business interruption disputes have not gone in favor of the policyholders, especially in federal
Since the pandemic began, most of the COVID-19-related business interruption disputes have not gone in favor of the policyholders, especially in federal
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The suit says the deal could help Blackstone tighten its grip on the management of $25 billion in insurance assets.
Blackstone says that is a total misreading and its client has the independent right to cut ties.
Read Insider s original investigation into Blackstone s lucrative deal with the chairman of Fidelity National Financial.
Managing money for wealthy clients and institutional investors can be a cutthroat business, with competitors vying to steal accounts and undercut their rivals fees. And yet the world s largest private-equity firm, The Blackstone Group, seems to enjoy an uncanny level of job security: According to claims in a recently unsealed lawsuit, it has struck a deal with at least one major client that makes it almost impossible for the company to get fired.