News & Analysis as of

Loss of Income Coronavirus/COVID-19

Haight Brown & Bonesteel LLP

Lost Income Caused by Business Interruption Due to COVID-19 Not Covered by Insurance Policy

Loss of Income Caused by a Government Mandate to Suspend Business Operations Due to the COVID-19 Virus is not Covered by a Standard Property Insurance Policy Because the Physical Presence of the Virus on Insured Property Does...more

McDermott Will & Emery

Entschädigungsanspruch nach § 56 abs. 1 IFSG

McDermott Will & Emery on

Bundesländer sehen künftig Einschränkungen für Ungeimpfte vor - 1. ANKÜNDIGUNG – KEINE ENTSCHÄDIGUNG MEHR FÜR UNGEIMPFTE - Die Bundesländer Baden-Württemberg und Nordrhein-Westfalen haben angekündigt, ab dem 15....more

Snell & Wilmer

Oregon Legislature Imposes New Foreclosure Moratorium Which May Be Extended Through December 31, 2021, But Most Commercial...

Snell & Wilmer on

After not taking action and allowing the 2020 foreclosure moratorium to expire on December 31, 2020 (“2020 Act”), the Oregon legislature took action in May to pass House Bill 2009 (the “2021 Act” or the “Act”), reinstating...more

McGlinchey Stafford

Shuttered Venue Operators Grant Program

McGlinchey Stafford on

COVID-19 Updates April 9, 2021 *The SBA opened the application process on Thursday, April 8, but has temporarily suspended the SVOG application portal due to technical difficulties. Applicants may continue to register for a...more

King & Spalding

Corona und die Störung der Geschäftsgrundlage im Gewerbemietrecht

King & Spalding on

Deutschland befindet sich weiterhin im Lockdown, vorerst bis zum 7. März 2021. Immer mehr Vermieter von Gewerbeimmobilien sehen sich dem Verlangen nach einer Mietreduzierung von Mietern ausgesetzt, die mit Umsatzeinbußen...more

Amundsen Davis LLC

Congress Pushes Bankruptcy Aid For Those Suffering Financially From COVID-19

Amundsen Davis LLC on

Democratic senators have revived a bill aimed at providing an easier path into bankruptcy for Americans suffering financial hardship stemming from COVID-19. The Medical Bankruptcy Fairness Act (the “Proposed Act”) has been...more

Fox Rothschild LLP

Out Of Luck Or A Covered Loss? Two Key Decisions Regarding COVID-19 Related Business Losses.

Fox Rothschild LLP on

Law360 reports that more than five thousand civil lawsuits have been filed by businesses seeking to recoup pandemic-related losses under their commercial policies. This new wave of litigation has called upon courts across the...more

McCarter & English, LLP

New Jersey Court Refuses To Dismiss Policyholders’ COVID-Related Business Interruption Claims, Dealing A Blow To Insurer’s...

A New Jersey state court recently rejected an insurer’s claim that COVID-related losses cannot qualify as covered losses. In Optical Services USA/JCI v. Franklin Mutual Insurance Co., No. BER-L-3681-20, pending in the...more

Buchalter

Buchalter COVID-19 Client Alert: Expansive New National COVID-19 Related Residential Eviction Moratorium Order Issued by the CDC

Buchalter on

The Centers for Disease Control and Prevention has issued an order titled “Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19” (“Order”) forbidding evictions of residential tenants who do not...more

Rumberger | Kirk

Eleventh Circuit Ruling Interpreting “Direct Physical Loss” is a Win for Insurers and Could Impact Coronavirus Business...

Rumberger | Kirk on

As coronavirus business interruption claims continue to be filed and make their way through courts across the country, an August 18, 2020 opinion from the Eleventh Circuit Court of Appeals could influence how Florida’s...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 2020 #1)

Locke Lord LLP on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Cole Schotz

Pennsylvania Senate Attempts To Help Business Interruption Policyholders

Cole Schotz on

Over the past two months, numerous state legislatures introduced bills targeted toward voiding the virus exclusion included in most business interruption insurance provisions in commercial property policies. None of the bills...more

Rivkin Radler LLP

Insurance Update - April 2020

Rivkin Radler LLP on

In our April 2020 Insurance Update we begin with a recap of some of the COVID-19 business interruption claims filed against insurers.... There were some important decisions over the past month from state high courts....more

McDermott Will & Emery

Covid-19 – Compensation for Loss of Earnings due to Closure of Daycare Centers and Schools in Germany

“SOCIAL CARE ACT” AND THE “ACT ON PEOPLE’S PROTECTION FOR EPIDEMIC SITUATIONS OF NATIONWIDE IMPORTANCE” In response to the ongoing coronavirus (COVID-19) crisis, the laws on people’s protection for epidemic situations of...more

Epstein Becker & Green

Temporary Benefit Strategies to Immediately Help Workers: Benefits Guidance in the Time of COVID-19

Epstein Becker & Green on

The closure orders issued by federal and state government authorities across the United States have resulted in the reduction and loss of income for a significant percentage of the U.S. workforce. ...more

Cozen O'Connor

Correlation or Causation for Coronavirus-Related Business Income Losses

Cozen O'Connor on

In the wake of the Coronavirus (COVID-19) pandemic, countless businesses have reduced or closed operations—some permanently. Flights have been canceled, hotels and restaurants have closed, and employees have been told to stay...more

Bradley Arant Boult Cummings LLP

New Jersey to Legislate Business Interruption Coverage for COVID-19

Commercial property insurance policies frequently include business interruption or loss of business income coverage when a covered “cause of loss” creates a slowdown or reduction in business income. Companies suspending...more

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