New York Supreme Court News

New York Court Finds Insurer Not Responsible for Theater’s COVID-19 Losses

The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent in providing insufficient coverage. This …

New York AG Charges Engineering Firm with Doctoring Sandy Claims Reports

New York authorities charged a Long Island engineering firm and one of its former executives with forging damage reports for homes swamped by Hurricane Sandy, altering the documents in such a way that owners’ flood insurance claims were eventually denied. …

Bond Insurer MBIA Wins Dismissal of Bank Claim Over Restructuring

MBIA Inc. on Monday won the dismissal of a lawsuit by Bank of America Corp. and Societe Generale SA challenging its 2009 restructuring, sending the bond insurer’s shares up 24 percent. New York Supreme Court Justice Barbara Kapnick said Eric …

Fund Lawsuit in New York Against Madoff Auditor Dropped

The liquidators of a fund that once funneled money to the now-imprisoned swindler Bernard Madoff have dropped a $900 million lawsuit accusing Ernst & Young LLP of negligence, professional malpractice and breach of contract. Ernst & Young had been challenged …