The Hunton insurance recovery team recently offered support in a matter of great importance to Maryland policyholders. The case is pending before the Maryland Court of Appeals on a question certified from a Maryland federal court in a COVID-19 business interruption insurance lawsuit brought by clothing manufacturer, Tapestry, Inc. Tapestry, the parent of luxury brands Coach, Kate Spade New York, and Stuart Weitzman, is suing its all-risk insurer, Factory Mutual, seeking recovery of millions of dollars lost due to the physical impact of COVID-19 on Tapestry’s retail stores and the resulting loss of business income during the pandemic. Hunton, whose insurance recovery team is also litigating multiple similar cases against the same insurer, offered its insights in an amicus brief filed on behalf of Hunton’s client, Cinemark USA, the world’s third-largest movie theater chain. A copy of the amicus brief can be downloaded here.
The case is Tapestry, Inc. v. Factory Mutual Insurance Co., Misc. No. 1 (Md. Ct. App.).