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

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Full Text of Court Cases
April 9, 2020
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 of New York, Appellate Division
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
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See Also

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

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.