UK SUPREME COURT HANDS DOWN ITS JUDGMENT IN THE COVID-19 BUSINESS INTERRUPTION INSURANCE TEST CASE

On 15 January, Bryan Cave Leighton Paisner published an article saying that the UK Supreme Court in the Test Case on Business Interruption Insurance brought by the FCA on behalf of policyholders has decided that the FCA’s appeal (on behalf of policyholders) should be substantially allowed, with Insurers’ arguments widely dismissed. The FCA was largely successful in their points of appeal.  The article says that though the judgment is complex and detailed, the principles established as far as coverage for COVID-19 BI losses are concerned, are clear. 

https://www.bclplaw.com/en-US/insights/supreme-court-hands-down-its-judgment-in-the-covid-19-business-interruption-insurance-test-case.html

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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