January 15, 2021
Robert Shulman Provides Commentary for The Wall Street Journal Article on how Insurers Face Big Payouts to U.K. Businesses Over Covid Disruptions
Robert Shulman provided commentary for an article titled: “Insurers Face Big Payouts to U.K. Businesses Over Covid Disruptions" by By Julie Steinberg and Leslie Scism, published by The Wall Street Journal on January 15, 2021.
Lawyers and legal academics said U.S.-based customers of U.K. insurers would have the best chance of benefiting. To the extent U.K. insurers sold policies in the U.S. to U.S. policyholders with “the same or substantially similar policy language, the U.K. decision will support the proposition that the policyholders’ interpretation is reasonable,” said Robert Shulman, a principal with law firm Paley Rothman in Maryland, who represents policyholders.
The full article, "Insurers Face Big Payouts to U.K. Businesses Over Covid Disruptions" can be found on Bloomberglaw.com.
February 11, 2021
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