Overview
Hollingsworth LLP handles business interruption claims involving billions of dollars in damages for clients on both sides of the “v.” Such disputes often stem from catastrophes like explosions, derailments, fires, or total equipment failures causing unexpected plant shutdowns, supply chain interruption, and significant lost business value. Depending on the situation, claims can be based on simple negligence, breach of contractual obligations, and/or indemnification. Our attorneys retain and work up top experts across the globe in our prosecution or defense of business interruption and commercial disputes in various fields, including industry safety/manufacturing and operating standards, forensic accounting, business valuation, chemical and mechanical engineering, construction scheduling, and construction commissioning and start-up. The team of experts we assemble often includes hired consultants and/or internal company witnesses, depending on the case and the issue.
These claims usually involve two or more large companies as adversaries, often with long histories together as supplier/client or even as business partners or members of joint ventures. We are known for navigating such dicey business situations through a keen understanding of a client’s goals in bringing a business interruption claim while maintaining its ongoing business relationships. Likewise, in defending such claims, we have a long and decorated history of advising clients and implementing strategies that use established business relationships to help mitigate both potential and real litigation risks. In addition to handling company on company business interruption claims, we advocate for our clients’ interests in obtaining insurance coverage for such losses and claims, including through direct actions against carriers in court and/or in arbitration proceedings across the globe. Recent examples of our more notable wins include: