A New Jersey appeals court has affirmed a $12 million judgment for Wakefern Food Corp., the corporate entity made up of owners of ShopRite and other grocery stores, in action against an insurance broker over losses it sustained during Superstorm Sandy.
The Appellate Division in Wakefern Food v. BWD Group rejected appeals from both sides — from Wakefern, challenging rulings molding the verdict and rejecting attorney fees, and from broker BWD Group, seeking to upend the verdict.
"On October 29, 2012, Sandy made landfall in New Jersey, with devastating results," Appellate Division Judges Jose Fuentes, Jessica Mayer, and Catherine Enright ruled in the per curiam decision. "Approximately 150 Wakefern stores suffered losses, but only a few suffered structural damages. Many stores lost all their merchandise."
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