Coca-Cola Seeks $1M In Coverage For Nepal Blockade Losses

Law360, New York (April 6, 2017, 4:35 PM EDT) -- The Coca-Cola Co. hit Lloyd’s of London and another insurer with a suit in Georgia federal court Wednesday, demanding coverage for $1 million in losses caused by the 2015 Nepal blockade, which the beverage giant says was clearly covered under a political risk policy it held with the insurers.

Coca-Cola says the blockade — imposed by Nepal’s Madhesia ethnic group over discriminatory changes to the country’s constitution — cut off the flow of essential raw materials to its two plants in the county, causing one to...
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