Owner Of 5 Broadway Theaters Seeks Coverage For Losses Arising From Coronavirus

(August 26, 2020, 2:09 PM EDT) -- NEW YORK — An owner and operator of five Broadway theaters on Aug. 24 sued its insurers in a New York federal court for breach of contract and bad faith and seeks a declaration as to coverage for its "substantial financial losses" stemming from the shutdown of its theaters because of the novel coronavirus, noting that the Broadway theater industry has no reason to believe that it "will be permitted to open—in any capacity—anytime soon" (Jujamcyn Theaters LLC v. Federal Insurance Company, et al., No. 20-06781, S.D. N.Y.)....