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Jef Feeley and Katherine Chiglinsky, Bloomberg News NEW ORLEANS, LA - MARCH 16: People eat at Oceana Grill on Bourbon Street as Louisiana Governor John Bel Edwards orders bars, gyms and casinos to close until April 13th due to the spread of coronavirus (COVID-19) on March 16, 2020 in New Orleans, Louisiana. Oceana Grill is suing Lloydâs of London to cover losses caused by the government-ordered closures due to the coronavirus. The World Health Organization declared COVID-19 a global pandemic on March 11. (Photo by Chris Graythen/Getty Images) , Photographer: Chris Graythen/Getty Images North America
(Bloomberg) The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to order some Lloydâs of London insurers to cover losses from the Covid-19 outbreak the first of a growing number of U.S. business-interruption claims to go to trial.The 500-seat Oceana Grill seeks to persua
First Coronavirus Business Interruption Trial Gets Underway
The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to order some Lloyd’s of London insurers to cover losses from the Covid-19 outbreak the first of a growing number of U.S. business interruption claims to go to trial.
The 500-seat Oceana Grill seeks to persuade Judge Paulette Irons that its “all-risks” policy covers losses attributed to a shut-down order the government issued because of the coronavirus pandemic. The non-jury trial started Monday in state court New Orleans.
NEW ORLEANS, LA – MARCH
Covid-Loss Case by Restaurant Is First U.S. Test for Insurers
Bloomberg 12/17/2020 Jef Feeley and Katherine Chiglinsky
(Bloomberg) The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to order some Lloyd’s of London insurers to cover losses from the Covid-19 outbreak the first of a growing number of U.S. business-interruption claims to go to trial.
The 500-seat Oceana Grill seeks to persuade Judge Paulette Irons that its “all-risks” policy covers losses attributed to a shut-down order the government issued because of the coronavirus pandemic. The non-jury trial started Monday in state court New Orleans.