Imperium Renewables, Inc. coverage litigation

Jim McDermott represented Imperium Renewables, Inc. as insurance coverage counsel in a case involving unique valuation of new business issues. 

Imperium Renewables was the owner and operator of the nation’s largest BQ-9000® certified biodiesel refinery, Imperium Grays Harbor, in Hoquiam, Washington. An explosion at that facility caused significant damage, resulting in large-scale insurance claims under property and business interruption insurance coverages. The combined claims totaled between $6 million and $8 million, much of which was contested by the insurers.

Jim McDermott provided Imperium with legal advice and strategy recommendations for resolving the outstanding claims.  With his assistance, Imperium was able to favorably resolve its claims without resorting to litigation.