When Insurance and Real Estate Issues Collide: Key Considerations For Leasing or Purchasing Property

Lowenstein Sandler LLP
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Lowenstein Sandler LLP

In this episode of “Don't Take No for an Answer,” Lynda A. Bennett talks to Stacey C. Tyler, counsel in Lowenstein’s Real Estate practice group, about some of the key insurance coverage issues that come up when a company wants to either lease or own property. Stacey notes that there is always room to negotiate the many kinds of insurance policies necessary for leasing or buying real property, from specific subrogation language to the right to adjust coverage requirements in the future. Lynda and Stacey also discuss the difference between a loss payee and an additional insured, and why that matters; how courts are treating business interruption and force majeure claims since COVID; and pollution liability policies.

Speakers:

Lynda A. Bennett, Partner and Chair, Insurance Recovery
Stacey C. Tyler, Counsel, Real Estate

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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