Nortek, Inc. v. Liberty Mutual Insurance

The plaintiffs, MPDC, Inc. and its parent corporation, Nortek, Inc., appeal from a judgment dismissing their complaint and awarding damages on the defendant’s counterclaim, and an order denying their postjudgment motions for relief from the judgment. The underlying dispute concerns the plaintiffs’ obligations to pay retrospective premiums on certain insurance policies issued by the defendant. A judge of the Superior Court concluded that the plaintiffs were bound by the terms of an agreement for judgment as to the defendant’s counterclaim, and that the plaintiffs’ affirmative claims were…