The Court of Appeals has agreed that insurers do not have to cover the collapse of a massive crane in the squalls of Hurricane Sandy.
The unanimous decision Tuesday upheld a 3-2 ruling by the Appellate Division, First Department, which said the 750-foot custom-designed crane did not meet the definition of “temporary works,” and the insurers were under no obligation to pay the $6.4 million claim for the cost of removal, re-erection and economic loss (NYLJ, Dec. 24, 2015).
This content has been archived.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]
