U.S. businesses are fighting insurers in the biggest legal battle of the pandemic
At times, the legal battle shockingly comes down to whether the virus causes physical damages to properties. In the pandemic economy, everyone is striving for survival. While businesses that have been affected by social distancing rules and lockdowns are looking to their insurers for cash reliefs according to the policies they bought, insurers claim full payouts could eventually decimate them. In this fascinating interview for Bloomberg Businessweek, David Yaffe-Bellany talks to John Houghtaling, the bon vivant lawyer at the heart of one of America's most complex legal battles.
From Bloomberg Businessweek