The task set before a Judicial Panel on Multidistrict Litigation, over whether to consolidate hundreds of lawsuits filed against insurers who have denied their policyholders’ business interruption claims, is being described as a “nightmare”.

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The Judicial Panel on Multidistrict Litigation (JPML) had several questions on Thursday for attorneys representing policyholders and insurance carriers over whether COVID-19 business interruption claims currently pending in federal courts across the country should be centralized or resolved case by case.

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Underwriters from Lloyd’s of London have asked a New York federal court to send a COVID-19 coverage suit brought by two pizza companies to Florida, claiming the companies have engaged in forum shopping. Read more

The Houston Rockets and its venue the Toyota Center have filed a lawsuit seeking business interruption coverage for losses related to COVID-19 shutdown orders. Both the team and the venue say their insurer wrongly denied a recently filed claim. Read more

Burns Bowen Bair LLP has joined with other firms seeking to consolidate hundreds of federal lawsuits alleging that insurers have wrongly denied coverage to businesses impacted by COVID-19 shutdowns. Read more

Insurers are seeking to invalidate business interruption claims filed by restaurants and bars in three states, telling a Wisconsin federal court that continued access to takeout service demonstrates that the businesses have incurred no physical losses.
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Concerns regarding regulations and compliance that are in need of individuals with more experience than founders and employees of the lead venture capital investors have startup companies preparing to go public regularly adding high-powered, independent directors to their boards.
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Mutual Insurance Co. is asking a New York federal judge to throw out a suit brought by Time Inc. demanding $6.9 million in indemnification of settlement and defense costs for class actions accusing the magazine company of deceptive marketing. Mutual claims that Time’s “intentional” unfair business practice is not covered by its policy. Read more

With COVID-related shutdown orders affecting businesses across the country, insurers are now fighting against consolidation of more than 100 federal lawsuits arguing they should receive business interruption coverage. Read more

Burns Bowen Bair LLP is representing Madison Sourdough in a lawsuit asserting that Society Insurance unlawfully rejected the popular Williamson Street bakery’s claim for damages from lost business due to the COVID-19 pandemic. Read more