Tag - market watcher

Panel’s Move to Allow Some BI Litigation Consolidation Will Be Unmanageable, Market Watchers Say

WASHINGTON - Merging some coronavirus-related business interruption lawsuits into centralized cases against four carriers would be as unmanageable as an industrywide consolidation of all the litigation filed by COVID-19 impacted businesses, insurers, trade groups and market observers said. The seven-judge panel of the federal Judicial Panel on Multidistrict Litigation rejected a request by attorneys for [...]