Firm Secures Important Win for Insurer in Business Interruption Case

The LPHS team of Eric Pinker, Rebecca Adams, and Holly Stubbs, along with co-counsel, recently secured an important and decisive defense win for prominent property insurer FM Global in federal court in the Eastern District of Texas. Cinemark USA, the nation’s third-largest chain of movie theaters, was seeking $1 billion in property damage insurance coverage under its policy, alleging that COVID-19 caused physical loss and damages to its theaters. The Court granted full summary judgment in favor of FM Global, dismissed all of Cinemark’s claims with prejudice, and issued final judgment in favor of the insurer.

Read the Law360 article here.