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    Don't lose your pants: dry cleaner's closing illustrates need for proper insurance
    2007-09-21

    Residents of the nation’s capital recently were captivated by a bizarre tale that began when a local administrative law judge allegedly lost his pants – literally. The ALJ claimed his dry cleaner lost the pants and filed suit claiming $67,000,000 in damages under consumer protection statutes. Although the dry cleaner successfully fought the suit, doing so took more than two years and cost more than $100,000 – costs for which the dry cleaner was not insured.

    Filed under:
    USA, Insolvency & Restructuring, Reed Smith LLP, Consumer protection, Underwriting, The Washington Post, Administrative law judge
    Location:
    USA
    Firm:
    Reed Smith LLP
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