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N.Y. Court: Insureds Can Sue For Consequential Damages

East News • February 20, 2008
A new ruling by the New York Court of Appeals could open the door for breach of contract suits against commercial property insurers - a move two dissenting judges warned could raise the price of ...

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Subject: RE: Business Rights or NY Lawyers profit

Posted On: February 21, 2008, 9:04 am CST
Posted By: Fair
Comment:
There are 2 sides to every story. This may be a way to boost companies to help their insureds get back on their feet and back in business sooner. Sometimes it is the contractors rebuilding the property and not the companies who are the hold up.

Or, this could just be a case of good lawyers taking advantage of loss to allow the client and themselves to make a profit from it. Insurance is to put you back to pre-loss condition, not to make a profit.
Subject Posted By Posted On
Why seven months? Dan Smith
Apr 8, 2008, 12:34 pm
Opinions Posted Scott Carr
Feb 21, 2008, 9:11 am
RE: Business Rights or NY Lawyers profit Fair
Feb 21, 2008, 9:04 am
Business Rights Jim
Feb 21, 2008, 8:48 am
@"I HISTORY
Feb 20, 2008, 9:17 pm
New York New York New York
Feb 20, 2008, 7:32 pm
RE: RE: RE: New York Courts Russell Vollmer
Feb 20, 2008, 4:09 pm
RE: RE: New York Courts Rich
Feb 20, 2008, 2:21 pm
RE: New York Courts Marc
Feb 20, 2008, 2:05 pm
New York Courts Dave
Feb 20, 2008, 1:04 pm
faulty repairs? ernie
Feb 20, 2008, 12:57 pm
Consequential Damages Frank Stowell
Feb 20, 2008, 12:42 pm
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