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Shipbuilder’s COVID insurance lawsuit revived by Vermont high court | Reuters

In the first ruling of its kind, Vermont’s Supreme Court allowed a military shipbuilding company to proceed with its claim that the company’s insurance policy should cover COVID-19 related loss of income and additional expenses. Dissenters voiced their opposition based on a belief that COVID harms people, not property. Despite this disagreement, the shipbuilder will still have the chance to prove its case in a Franklin Superior Court proceeding.

In a 3-2 split […] the majority said Huntington Ingalls Industries (HII) had cleared the state’s “extremely low bar” for initial pleadings by alleging that the virus adheres to surfaces, turning them into vectors for disease that must be counteracted with barriers and other physical modifications.

Source: Shipbuilder’s COVID insurance lawsuit revived by Vermont high court | Reuters

Thomas H. Curran Associates represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation. As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business and professional interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their bankruptcy, litigation and corporate transactional needs.

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