We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.