NY Firm Denied Coverage For Some Sandy Business Losses

Law360, New York (March 19, 2014, 5:20 PM EDT) -- A New York federal court on Tuesday nixed insurance coverage for part of the business interruption losses that a boutique firm founded by former Paul Hastings LLP lawyers suffered during a more than two-month shutdown resulting from Superstorm Sandy.

U.S. District Judge Denise Cote held that The Charter Oak Fire Insurance Co. did not have to cover Johnson Gallagher Magliery LLC's business income losses due to a lack of electricity at the firm's Wall Street office between Oct. 29, 2012, and the early hours of Nov....
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Case Information

Case Title

Johnson Gallagher Magliery, LLC v. The Charter Oak Fire Insurance Company


Case Number

1:13-cv-00866

Court

New York Southern

Nature of Suit

Insurance

Judge

Denise L. Cote

Date Filed

February 5, 2013

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UK Financial Services

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