Commercial Litigation | Personal Injury Blog
How to Recover Damages in a Business Interruption Claim
Business interruption insurance provides coverage for businesses when their income is severely impacted by a natural disaster, government shutdown, or other qualifying events. With these policies, business owners can cover the costs of having to close their doors or if they have to move locations, allowing them to survive in economically uncertain times. While most business owners hope that they will never have to use these policies, when their profits are suffering due to a disaster, they should be glad to have it. However, the process of getting a payout can be incredibly confusing without legal guidance. Bottlinger Law L.L.C. is here to help Omaha business owners work through the claims process and recover the compensation they need to remain open.
The Current State of Business Interruption Laws in Nebraska
As the COVID-19 pandemic continues to rage on in the United States, many businesses are still struggling to stay above water. While one would hope that business interruption insurance would cover shutdowns and closures related to the pandemic, numerous insurance providers have rejected claims on the basis that they do not cover viral outbreaks. Several cases are still under litigation in the courts that could shift the tide one way or the other, but there is some hope in the form of legislation.
How Do I Prove a Breach of Contract?
All industries are built on mutual trust and respect between individuals and corporations. To legally enforce this trust, we often sign into a contract to ensure we are all following through on our obligations. If other members of the contract fail to fulfill their obligations under the contract, a breach of contract has occurred. This resulting breach of contract may result in you suffering economic losses. If these losses occurred because of the actions of another member in the contract, then you may be entitled to sue for damages, demand specific actions be taken, or terminate the contract.
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