Ja del inc

Ja del inc

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A Kansas City, Missouri, barbecue chain’s insurance broker asked a court this week to dismiss a negligence lawsuit filed by the company, arguing that the broker was partly responsible for an insurer’s denial of coverage for coronavirus-related business interruption losses.
Lovell Sagebrush Insurance Group Inc. claims in a motion to dismiss and related filings that it could not have predicted a pandemic when it put coverage for Ja-Del Inc., which runs Jack Stack Barbecue Restaurants, last year, and that it is not expected to anticipate “every conceivable gap in insurance coverage.”
In Ja-Del Inc. v. Zurich American Insurance Co., Lovell Sagebrush Insurance Group Inc., and R-T Specialty LLC, filed in state court in Kansas City in April, Ja-Del sued the insurer, retail broker, and wholesale broker.
Ja-Del, like many other restaurants around the world, said it lost money due to government-ordered shutdowns during the pandemic, and that its commercial insurance policy was triggered as a result.

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Lao purchased 150,000 common shares in D&L Industries Inc. (DNL ) on January 5, 2021, at a price of P7.41 per share, and 100,000 at a price of P7.22 per share on January 6, 2021. According to his filing, he raised his ownership to 3,823,577 common shares, or 0.05 percent, with his new “buys.”
According to its definitive information statement (DIS), D&L Industries had 7,142,857,990 outstanding common shares with a par value of P1 as of June 30, 2020, as stated by the company’s stock transfer agent.
DNL began trading at P7.59, its session peak, fell to P7.39, and closed at P7.44 on Jan. 5, 2021. It opened at P7.45 on Jan. 6, 2021, reached a session high of P7.55, then fell to P7.10 before closing at P7.20.

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The Kansas City-based court ruled in Ja-Del Inc. v. Zurich American Insurance Co. et al., in a brief Feb. 4 order that was released Thursday, that “this Court considers and decides that the language of the policy at issue is vague and, thus, the allegation is protected under the policy.”
Last year, Ja-Del, the owner of Jack Stack Barbecue Restaurants, sued Zurich and its brokers, alleging that it had lost profits and sustained “direct physical damages” as a result of pandemic-related mandated shutdowns, but Zurich refuted the lawsuit.

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Johnson & Johnson is a holding company that works in the health-care industry, doing research and development, manufacturing, and selling drugs. Consumer, Pharmaceutical, and Medical Devices are the three divisions in which it works.
Nestlé SA is a nutrition, fitness, and wellness organization that makes, sells, and manufactures ready-to-eat foods and cooking aids, milk-based products, pharmaceuticals and ophthalmic products, baby foods, and cereals.
Centrica plc, headquartered in Windsor, Berkshire, is a British multinational energy and services firm. Its main business is supplying electricity and natural gas to companies and customers in the UK, Ireland, and North America.
The luxury goods firm LVMH Moet Hennessy Louis Vuitton SE is headquartered in Paris, France. Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing, and Other operations are among the company’s numerous market classes.
L’Oréal S.A. is a French cosmetics and personal care company based in Clichy, Hauts-de-Seine, and with a registered office in Paris. It is the world’s largest cosmetics firm, with operations in the fields of hair color, skin care, sun protection, make-up, perfume, and hair care.

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