Insurer AXA must pay restaurant's COVID-19 losses, French court rules

PARIS (Reuters) - A Paris court ruled that insurer AXA must pay a restaurant owner two months' worth of coronavirus-related revenue losses, the restaurateur's lawyer said on Friday, potentially opening the door to a wave of similar litigation.The ruling will be of interest to restaurants, cafes and nightclubs in Britain and the United States which are also threatening legal action against insurers who have not paid out on business interruption policies.Axa said it would appeal. The case was..