Ronald O. Perelman, the financier as soon as ranked amongst America’s wealthiest males, took the witness stand in a New York State Supreme Court docket courtroom this week, describing how 5 of his most prized work misplaced their visible brilliance following a fireplace at his East Hampton property in 2018. The case, now in its third week earlier than Justice Joel M. Cohen, pits Perelman in opposition to insurance coverage powerhouses together with associates of Lloyd’s of London, Chubb Ltd., and American Worldwide Group Inc.
