Web24 de fev. de 2024 · The Federal Court held that the reference to an “other catastrophe” in this context was limited to insured perils capable of causing physical damage. Since COVID-19 was not insured, there was no business interruption cover for the loss arising from the actions taken by authorities to retard it. Our summary of this decision is available here. Web3 de fev. de 2024 · The business interruption test case in the NSW Court of Appeal (NSWCA) has resulted in a decision favouring policyholders, rather than insurers.This …
Appeals to High Court regarding business interruption policies
Web2 de fev. de 2024 · By Anna Mullins. In what has been heralded as great news for businesses, on 15 January 2024, the Supreme Court found considerably in favour of the Financial Conduct Authority, and, in turn ... Web15 de set. de 2024 · A new High Court ruling on business insurance claims over coronavirus disruption will be “welcome news” for many firms, according to a UK watchdog. Around 370,000 firms could be affected by Tuesday’s ruling, which is part of a test case looking at key issues around firms’ entitlements to payouts over the impact of the … chinese food on thayer st
Covid-19 Business Interruption Insurance – Insurers Win Appeals …
WebCommercial Court. The Commercial Court specialises in the determination of a wide range of significant commercial disputes, many of them international in nature. It also supports arbitrations based in England and Wales. Web15 de jan. de 2024 · The High Court had accepted the FCA’s case, finding that (i) the words of the clause do not confine cover to a situation where the interruption to the business has resulted only from cases of a Notifiable Disease within the 25-mile radius, as opposed to other cases elsewhere; and (ii) the Notifiable Diseases covered by the policies included … Web15 de set. de 2024 · Zurich update on UK business interruption. Zurich welcomes the judgment in the UK High Court, which confirms that the wordings represented by Zurich … chinese food on washington blvd