Doyle Raizner LLP is pleased to announce the settlement of a lawsuit filed on behalf of Cordua Restaurants arising out of their business interruption claimsfollowing Hurricane Ike. The lawsuit was settled for a confidential sum. The suit asserted that Cordua’s insurers and their agents had failed to procure the business interruption insurance requested by Cordua, leaving restaurant chain without the correct insurance coverage. Following Hurricane Ike, like many local businesses, the Cordua restaurants found themselves without power and employees for an extended period of time, and counted on their insurance company to honor its insurance contract and promises. The settlement came days before trial was to begin in Harris County district court before Hon. Alexandra Smoots-Hogan.
Cordua Restaurants is a locally owned business founded by Michael Cordua and operates seven restaurants, including America’s, Churrasco’s, Amazon Grill and Artista.
