Panel Affirms Reduction Of Award For Extended Recovery Period, Modifies Interest
Friday, April 9th, 2010NEW YORK - The Second Circuit U.S. Court of Appeals on March 31 affirmed a lower court’s reduction of an appraisal award for the extended recovery period for an insured seeking coverage for business interruption losses sustained Sept. 11, 2001, and modified the lower court’s judgment by excluding interest accrued prior to the appraisal award […]

