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Insurance would not have aided UH in concert fiasco

By Ferd Lewis

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>
<p>What was specified in UH's contract with local promoter Bob Peyton &quot;is what we call third-party insurance,&quot; said James Bickerton, a partner in the firm of Bickerton Lee Dang &amp; Sullivan. &quot;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.&quot;</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...



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