Techlife News - USA (2020-04-25)

(Antfer) #1
A once-bustling bar and grill tucked below a
Michigan Avenue overpass famously inspired a
“Saturday Night Live” skit starring John Belushi
and Bill Murray. But the money the Billy Goat
Tavern is losing during the coronavirus outbreak
is no joke.
The tavern and millions of other shuttered
businesses nationwide have turned to their
insurers to help recoup their losses following
state-mandate closures, which combined may
exceed $300 billion a month. But insurers have
widely rejected the claims, so the Billy Goat
joined a growing line of businesses, including
barbershops and casinos, suing insurers to force
them to pay.
“These businesses are in the most trying times
in their history and are going to their insurance
company to get what they paid for,” said Chris
Esbrook, a lawyer for the landmark tavern, which
opened in 1934 and, as legend goes, cursed the
Chicago Cubs.

LEGAL BATTLES LOOM AS BUSINESSES HIT BY VIRUS SUE INSURERS
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