Binghamton Precast & Supply Corp. v Liberty Mutual Fire Insurance Co.

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April 9, 2020

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3272 Concrete Products, Except Block and Brick
327390 Other Concrete Product Manufacturing
economic damages & lost profits
lost profits, breach of contract, insurance, business interruption loss, lost income
Binghamton Precast & Supply Corp. v Liberty Mutual Fire Insurance Co.
2020 NY Slip Op 02214
US
State Court
New York
Supreme Court
N/A
Garry

Summary

In dispute over business interruption insurance coverage, appellate court says plaintiff showed actual loss of business income within meaning of controlling policy; court rejects defendant’s argument that plaintiff had to show lost sales, saying this is not a reasonable interpretation of policy.
Binghamton Precast & Supply Corp. v Liberty Mut. Fire
PDF, Size: 135 KB

See Also

Court Affirms Plaintiff’s Showing of Loss of Income Pursuant to Business Interruption Policy

Court Case Digests
April 9, 2020

In dispute over business interruption insurance coverage, appellate court says plaintiff showed actual loss of business income within meaning of controlling policy; court rejects defendant’s argument that plaintiff had to show lost sales, saying this is not a reasonable interpretation of policy.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition