The US 3rd District Court of Appeals has dismissed a consolidated appeal, effectively ending a bid by fashion giant Ralph Lauren Corp., luggage manufacturers Tumi Inc. and Samsonite LLC, and Delilah Europe Investments Sarl to recoup billions in losses stemming from the COVID-19 pandemic. The companies had sought to recover damages from Factory Mutual Insurance Co., alleging their losses were covered under their respective property insurance policies.
Appeals court rejects Ralph Lauren, luggage makers’ COVID claims
- Niki Wilson
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