Credit: Shutterstock Notes From an Insurer Win in a Rare Trial Over COVID-19 Business Interruption Coverage Claims
After two weeks of trial, jurors in Santa Monica, California deliberated just 90 minutes last week before finding plaintiffs hadn't proven that the COVID-19 virus caused any direct physical loss or damage to a Venice Beach hotel—a big win for John Phillips and Brett Ingerman of DLA Piper and their client, an affiliate of Allianz.
May 04, 2023 at 07:30 AM
6 minute read
Insurance Litigation
The drumbeat of early defense wins for insurers in COVID-19 business interruption cases has been—with a few notable exceptions—pretty darn steady. So much so, that I think you can count the number of those cases that have actually made it to trial on one hand.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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