Judge Dismisses Pharmaceutical Manufacturer's $30M Business Interruption Coverage Claims Over Damaged Pfizer Drug
"Mere inability to use a room thus does not amount to direct physical loss of the room. Moreover, the policy expressly excludes '[l]oss or damage arising from loss of use.' This exclusion straightforwardly applies to bar the loss of use claim asserted by AMAG here," wrote U.S. District Judge Myong J. Joun of the District of Massachusetts.
'Tacit Collusion'?: Verizon Slams Class Action Demanding $268B in Restitution
"The factual allegations are baseless, the legal claims are frivolous, and the damages figure is pure fantasy," a Verizon spokesperson said of the antitrust class action. "We are confident a court will see this complaint for what it is while Verizon customers continue to enjoy Wi-Fi calling and mobile data as features of their service plans."