The decision is a rare instance of an insurer losing the argument that a policy only applies in instances of structural damage. But the applicability is likely limited because the ruling was by a state court.
Independent restaurant operators say they are not giving up their political fervor following Thursday’s death of the Restaurant Revitalization Fund, even though they may have to give up their restaurants.
A record 1,700 stores changed hands last year. High valuations and a difficult operating environment are leading many franchisees to sell their restaurants. But some say culture problems, low morale and constant disputes are playing a major role.