Summing Up May 2020

Third Department Considers Coverage Issue Regarding Business Interruption Insurance In Binghamton Precast & Supply Corp. v Liberty Mut. Fire Ins. Co., 2020 NY Slip Op 02214 (3rd Dep’t Apr. 9, 2020), the plaintiff maintained business interruption insurance through defendant Liberty Mutual.  Plaintiff was a manufacturer, seller and distributor of precast concrete products.  Plaintiff’s concrete mixer…

Business News April 2020

Federal Stimulus Relief Package Includes $350 Billion Loan Program for Small Businesses Impacted By Covid-19 Epidemic On Friday March 27, Congress signed into law an unprecedented $2 trillion federal corona virus relief package, officially known as the CARES Act, which includes nearly §350 billion of funding for small business loan program. The program is designed…

Summing Up April 2020

Appellate Division Dismisses Complaint as Barred by the One-Year Statute of Limitations In Kessel v. Adams (4th Dept. 2020), the plaintiff, a school teacher, sought damages as a result of injuries she sustained when two of her students began fighting and the plaintiff was propelled into a locker.  The plaintiff asserted a negligence cause of…