On December 15, 2020, Judge Lorna Schofield of the United States District Court for the Southern District of New York dismissed a Manhattan art gallery’s claims for insurance coverage for losses suffered as a result of the gallery’s suspension of business operations during the COVID-19 pandemic.[1] The decision—one of
Continue Reading UPDATE: Southern District of New York Dismisses Art Gallery’s Insurance Claims for COVID-19 Business Interruption Losses
Art institutions across the globe have been particularly hard-hit by governmental shutdowns in the midst of the COVID-19 pandemic. In the United States, not only have shutdowns deprived numerous for-profit and not-for-profit art institutions of their primary source of revenue, but in many cases these institutions’ classification as “non-essential” have
Continue Reading Pardon the Interruption: Potential Paths Forward for Art Institutions Seeking COVID-Related “Business Interruption” Insurance Coverage