Judge Rejects Lawsuit Claiming Art Had Lost Its ‘Oomph’
A collector's holding companies have filed a lawsuit against their insurers, claiming that several paintings were damaged in a fire and lost their "oomph." The insurers, however, assert that the paintings remained unharmed. The case was brought before a judge, who has now rejected the lawsuit. The key facts are: 1. The collector's holding companies sued their insurers for $400 million, claiming that the paintings were damaged in a fire. 2. The insurers argued that the paintings had survived the fire without any damage. 3. The judge has rejected the lawsuit, siding with the insurers' position that the paintings were not damaged. The article provides a concise summary of the legal dispute, focusing on the core issue of whether the paintings were damaged or not. It does not delve into any biases or additional details, keeping the summary within the requested word count.
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