Insurance
Oct. 21, 1999
Damage Control
Damage Control Sue-and-Labor Clauses Will Generally Not Cover Y2K Remediation By Patrick E. Shipstead and Scott G. Johnson Over the past several years, many companies have taken measures to find, evaluate and address the year-2000 technology problem before it produces undesirable consequences. The costs of these efforts have been substantial, reportedly $150 billion in the United States alone. Because of the substantial costs involved, many companies are now looking to their property insurers
By Patrick E. Shipstead and Scott G. Johnson
Over the past several years, many companies have taken measures to find, evaluate and address the year-2000 technology problem before it produces undesirable consequences. The costs of these efforts have been substantial, reportedly $150 billion in the United States alone. Beca...
Over the past several years, many companies have taken measures to find, evaluate and address the year-2000 technology problem before it produces undesirable consequences. The costs of these efforts have been substantial, reportedly $150 billion in the United States alone. Beca...
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