Business Interruption Attorney in Houston, Texas
What trends do you see in the area of business interruption litigation?
What trends do you see in the area of business interruption litigation?
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00:04
so currently there are over
00:06
are over 150 cases on appeal uh in this
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in this country alone regarding business
00:12
interruption from
00:13
from covet interestingly the insurance
00:16
carriers are pushing
00:17
most of the cases in federal court and
00:20
are moving for declaratory judgments in
00:22
federal court
00:22
we’re filing most cases in state courts
00:25
across the country where the insurance
00:26
carriers
00:27
have their principal place of business
00:29
this is an important distinction
00:31
because federal courts are finding in
00:33
favor of the insurance carriers
00:35
five to one whereas state courts
00:38
are finding in favor of the insured or
00:41
the policyholder
00:43
two to one so as these cases move
00:47
forward
00:48
ultimately the courts the highest courts
00:50
in the state
00:51
usually typically the supreme court of
00:53
of the state and where the
00:55
policy was written will be the deciding
00:58
factor in these cases it’s
01:00
one of the biggest cases that i’ve ever
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seen that anyone’s ever seen
01:04
where potentially hundreds of billions
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of dollars are at stake
01:08
we represent some of the fortune 500
01:12
companies
01:13
across the country uh in in filing in
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state courts and waiting on decisions
01:18
from appellate courts where we are
01:20
fighting currently
01:21
in uh over 10 states
Houston, TX commercial litigation attorney David P. Matthews talks about the trends he sees in the area of business interruption litigation.
