Welspun Pipes Inc. v. Liberty Mutual Fire Insurance

LOKEN, Circuit Judge.

On July 14, 2012, a fire damaged equipment vital to production at the Little Rock steel pipe manufacturing plant of Welspun Tubular, LLC, a wholly owned subsidiary of Welspun Pipes, Inc. (together, Welspun). The fire, which forced the plant to temporarily cease operations, was a covered peril under the RM Select Commercial Insurance Policy issued to Welspun by Liberty Mutual Fire Insurance Company (Liberty Mutual). The policy provided real property, personal property, equipment breakdown, loss of business income, and extra expense coverages. In August 2012, Welspun…