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ARTICLE · 07 SEPTEMBER 2021

Trump Entertainment V. Lexington

Mound Cotton Wollan & Greengrass
Explore more from Mound Cotton Wollan & Greengrass

The court granted summary judgment against Trump Entertainment Resorts and related companies on a $5.1 million claim for alleged lost gambling profits stemming from Hurricane Sandy. Mound.

United StatesLitigation, Mediation & Arbitration
Wayne R. Glaubinger
Wayne R. Glaubinger
Scott J. Sheldon
Scott J. Sheldon

Trump Entertainment Resorts, Inc. v. Lexington Insurance Company,  No.: ATL-L-2458-15 (N.J. Super. Ct., Law Div. March 14, 2018)

The court granted summary judgment against Trump Entertainment Resorts and related companies on a $5.1 million claim for alleged lost gambling profits stemming from Hurricane Sandy. Mound Cotton's clients, Lexington Insurance Company and Aspen Insurance Company, were Trump's first-party property insurers.

Trump contended that in the aftermath of Hurricane Sandy, its customers in the New York/New Jersey area were adversely affected by property damage to their homes, keeping them from patronizing the casinos and causing a decline in gambling profits at the Trump Taj Mahal and Trump Plaza casinos. Trump based its insurance claim on the policies' contingent business interruption coverage, which insured against loss "directly resulting from physical loss or damage of the type insured...to property of the type insured, at any locations of

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