Will restaurants be able to cash in on business interruption insurance for losses caused by COVID-19 closures? This is the question legal teams will be grappling with in the coming months as eateries and bars struggle for survival. What is business interruption insurance? It is […]
Many New York retailers were forced to temporarily close due to the novel coronavirus, but that does not mean that business expenses stopped as well. From rent to utilities to payroll, there are costs that businesses incur even if there is no income flowing. Unfortunately, […]
Every industry has felt the impacts of the coronavirus pandemic, but some have been hit harder than others, suffering billions of dollars in losses. According to the President of the U.S. Travel Association, Roger Dow, COVID 19’s effects on travel “is six or seven times […]
