Insurance payout for US distribution center
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Court ruling in insurance dispute related to US distribution center
Globenewswire· 2026-01-16 15:26
As continuously described in our financial reporting, Nilfisk’s insurer filed a lawsuit in Denmark on October 15, 2022 against Nilfisk with respect to the insurance payout for the destruction of the Group’s US distribution center following a tornado.The Court of first instance ruled in favor of Nilfisk. The insurer subsequently appealed the ruling, and Nilfisk has today received the ruling from the Eastern High Court, which finds in favor of the insurer.Nilfisk disagrees with the ruling, and based on extern ...