Strauss Troy welcomes Stephen S. Schmidt, Daniel A. Hunt, Brian R. Tracy, and Ryan F. Hemmerle to the firm. Stephen S. Schmidt is a litigator and business advisor who focuses his practice in the areas of complex commercial litigation, construction litigation, employment litigation and tort law. Steve represents and advises clients across a variety of …Read More
An appeals court on Thursday reversed part of a judgment in favor of the Cleveland Botanical Garden in a years-long legal dispute over the deed that gave Wade Park to the city of Cleveland. The Wade descendants are pleased with the appeals court’s ruling and plan to keep pursuing the matter in court, said Matthew …Read More
The Governors and the Departments of Insurance in Ohio and Kentucky have recently taken steps to protect insureds – both individuals and businesses – during the COVID-19 pandemic.
On March 23, we wrote about potential insurance claims arising from COVID-19 shutdowns and disruptions that businesses could assert under the business interruption coverage in their property damage insurance. Since then, bills have been filed in several state legislatures – including Ohio – that seek to ensure that this coverage exists.
By: William K. Flynn State and local governments are taking aggressive actions to contain the spread of the COVID-19 virus, including official and unofficial quarantines, “social distancing,” stay at home requirements, and cancellation of public events. I wrote the other day addressing the potential implications of a pandemic relative to negotiated force majeure provisions commonly …Read More
To all clients and friends of Strauss Troy:
We hope that you remain well during these challenging times. Like you, we at Strauss Troy have been busy preparing and planning for all aspects of this unprecedented event.
Most businesses have business interruption insurance that is one of the coverages provided in property damage policies. Business interruption coverage may or may not provide reimbursement for some of the losses sustained by businesses as a result of the coronavirus shutdown. This will depend on the exact language of the policy and the exact circumstances causing the business interruption.
Added to to stressors faced by business owners or operators during this pandemic is whether they will be able to meet contractual commitments or expect return performance by counter parties. Looking past the current disruption in every corner of the economy, businesses are going to increasingly confront questions about force majeure and related contract concepts of impracticability of performance or frustration of purpose.
Strauss Troy congratulates attorney Amy L. Hunt, who was recently named Shareholder of the firm. Amy concentrates her practice in complex civil litigation, including shareholder derivative actions and consumer class actions, asserting unfair business practices, false and deceptive advertising, and improper sales and claims handling practices by large life and property & casualty insurance carriers.
You may have noticed that, unlike major appliances, lawyers don’t come with warnings or instructions. Whether you need a lawyer regularly for your business or only for specific tasks, the principles of this article should be helpful to you.