INSIGHT: Business Interruption Recovery in New York—Two Cases Might HelpJuly 6, 2020 – Bloomberg Law
In the wake of punishing economic losses caused by Covid-19-related shutdown orders, business owners across New York have turned to their insurers for temporary relief in the form of business interruption coverage. If recent reports are any indication, however, New York businesses will face an uphill battle.
Nevertheless, courts may see litigation if business owners seek coverage under two principles of New York law, which might provide a path to recovery under certain policies.
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