Cleary Gottlieb Steen & Hamilton claims it lost more than $3 million in business income as a result of Superstorm Sandy and is asking a Manhattan Supreme Court judge to force its insurance company to pay up.
“Rather than make good on its obligations to its insureds, the insurer has adopted an untenable reading of the policy to disclaim coverage for the insured’s resulting loss of business income,” Cleary said in its motion for partial summary judgment in a suit filed in November.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
