POSTED: 01:30 a.m. HST, Sep 05, 2012
~~<p>The type of insurance the University of Hawaii had planned to buy for its ill-fated Stevie Wonder concert wouldn't have protected it against the apparent fraud that was perpetrated, a prominent local attorney said.</p>
The type of insurance the University of Hawaii had planned to buy for its ill-fated Stevie Wonder concert wouldn't have protected it against the apparent fraud that was perpetrated, a prominent local attorney said.
What was specified in UH's contract with local promoter Bob Peyton "is what we call third-party insurance," said James Bickerton, a partner in the firm of Bickerton Lee Dang & Sullivan. "It means UH would be protected against people claiming for a refund. As far as getting their own money back, no, it would not have protected them." Login for more...