With the 2026 Men’s World Cup and Winter Olympics approaching, businesses that sponsor, organize, host, or otherwise profit from live events should bear in mind that all major sporting and entertainment performances face...more
The US Judicial Panel on Multidistrict Litigation (Panel) previously declined to centralize all coronavirus (COVID-19)-related business interruption insurance lawsuits, but left open the possibility of certain...more
10/7/2020
/ Business Interruption ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Hartford Insurance Company ,
Infectious Diseases ,
Insurance Claims ,
Insurance Litigation ,
Lloyds of London ,
Multidistrict Litigation ,
Policy Terms ,
Travelers Property Casualty Co.
The US Judicial Panel on Multidistrict Litigation on August 12 denied certain plaintiffs’ motions to centralize lawsuits brought by businesses seeking insurance coverage for coronavirus (COVID-19) losses....more
In navigating the coronavirus (COVID-19) pandemic, higher education institutions should be aware of a recent wave of refund class actions, antitrust considerations in communication with other institutions, claims for business...more
5/27/2020
/ Antitrust Provisions ,
Business Interruption ,
Class Action ,
Colleges ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Insurance Claims ,
Litigation Strategies ,
Refunds ,
Tuition ,
Universities
Companies with substantial business interruption losses related to the coronavirus (COVID-19) pandemic must take immediate, concrete steps now to preserve their ability to pursue recoveries from insurance and/or financial...more
Following in the footsteps of several state legislatures, the Council of the District of Columbia plans to consider on May 5 draft legislation that would require insurers to provide coverage for business interruption losses...more
As the coronavirus (COVID-19) pandemic evolves, governmental executive and legislative authorities are taking actions in the form of emergency declarations and proposed legislation that could improve a company’s ability to...more
For companies forced to postpone or cancel live events during the coronavirus (COVID-19) pandemic, event cancellation insurance may serve as a way to protect assets and mitigate losses....more
The coronavirus (COVID-19) pandemic is historic, fast-moving, and constantly evolving. While the most immediate concerns involve the public health and restoring business operations to normalcy, certain steps may be necessary...more
With significant business disruptions occurring as a result of coronavirus (COVID-19), companies should consider how insurance coverage, including business interruption, supply chain, and event cancellation coverage, can help...more
3/17/2020
/ Business Disruption ,
Business Interruption ,
Business Losses ,
China ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Crisis Management ,
Emergency Management Plans ,
Event Cancellation ,
Global Economy ,
Infectious Diseases ,
Insurance Claims ,
Liability Insurance ,
Policy Terms ,
Public Health ,
Supply Chain ,
Workers' Compensation Claim