Policyholders, don’t lose track of the appraisal provision in your insurance policies. At least that is what the panel in 50 Exch. Terrace LLC v. Mt. Vernon Specialty Ins. Co. seemed to be saying. There, the Ninth Circuit...more
3/7/2025
/ Appeals ,
Appellate Courts ,
Appraisal ,
Breach of Contract ,
Contract Terms ,
Damages ,
Insurance Claims ,
Insurance Litigation ,
Litigation Strategies ,
Policy Terms ,
Water Damage
As the pandemic has evolved, so too has the number and complexity of the questions arising in force majeure disputes. Regardless of whether a party is seeking to invoke, or defend against invocation of, a force majeure...more
This client alert discusses whether the economic fallout of COVID-19 constitutes a force majeure event...
Historically, courts have typically found that sudden economic downturns do not constitute force majeure events....more