Monday, August 24, 2020

Kenosha Dealership Owner Says Rioters Caused $1.5M in Damage; 50+ Cars Torched

By R.C.
Mon, Aug 24, 2020 8:32 p.m.

Kenosha Dealership Owner Says Violent Protests Caused $1.5M in Damage; 50+ Cars Torched

Cellphone cameras captured looters smashing out the storefront windows of businesses and then ransacking the merchandise inside. The owner of Dales Jewelers said $200K in jewelry was taken.

https://www.fox7austin.com/news/kenosha-dealership-owner-says-violent-protests-caused-1-5m-in-damage-50-cars-torched

R.C.: Will force majeure be invoked by the firm that provides property insurance for the dealership mentioned in the article?

https://www.investopedia.com/terms/f/forcemajeure.asp#:~:text=Force%20majeure%20is%20a%20French%20term%20that%20literally,accountable%2C%20such%20as%20a%20hurricane%20or%20a%20

In which the dealership files for bankruptcy or liquidates itself?






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1 comment:

  1. AnonymousTuesday, August 25, 2020 at 2:35:00 AM EDT

    Wonder what the breakdown of the rioters was.Lot of blacks doing the damage?
    --GRA

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