October 2020

Business Interuption Insurance Test Case Appeal

Robert Marcus Partner - Commercial

The FCA filed an application to appeal to the Supreme Court to achieve clarity on affected BI policies at speed on the proper application of the COVID related Business Interruption judgment handed down on 15 September. This ‘leapfrog’ application has been filed on a precautionary basis in the event that full agreement with the eight insurer defendants is not reached by close of business this Wednesday, 7th October.

https://www.fca.org.uk/news/press-releases/update-business-interruption-insurance-test-case-appeals-process

Photo by Mahosadha Ong on Unsplash

 

If you wish to find out any further information please contact Robert.

Robert Marcus Partner - Commercial +44 (0) 20 7060 5861 robert.marcus@jurit.com
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Please note this paper is intended to provide general information and knowledge about legal developments and topics which may be of interest to readers. It is not a comprehensive analysis of law nor does it provide specific legal advice. Advice on the specific circumstances of a matter should be sought.