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Masterfile Researching Photo Claim on US Copyright site

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jbmos:
Just an update.  Its not definite yet, but my business insurance has a clause that they cover advertising copyright infringements defense and suits.  I was told by my insurance broker to hold off on contacting MF for a couple of days until a rep from the Hartford gets back with me.  Hopefully by tomorrow.

That seems promising.

Jerry Witt (mcfilms):
Before your insurance company simply cuts a check, would you please reference this site? Maybe they will consider fighting this ridiculous $10,000 charge for 4 images for a few months. At the very least the insurance company should insist on registration numbers on all the images and inquire how this figure was determined.

Oscar Michelen:
Couple of points - we have had "advertising injury" coverage cover lawsuits for clients but the companies have always chosen to use their in house or standard counsel even though these claims are very different than the usual ad injury claims (exaggeration, painting a competitor in a false light, for eg). I have tried to get them to retain my firm at their expense trying to explain that I will save them money and get a lower settlement position than anyone else but to no avail. Secondly - DO NOT dissolve a corporation especially an S corp while a claim is pending, that can often lead to piercing the corporate veil and personal liability. Just leave the corporation open and active, but don't have it own any assets. You can make it broke, but not dissolved.

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