Today the Supreme Court handed down its decision in Financial Conduct Authority v Arch Insurance (UK) Ltd and others. This case relates to claims for business interruption and has been expedited to the Supreme Court, which has now ruled on various standard policy wordings in a way which may permit claims for business interruption which were rejected by insurers to be pursued.
The
Commercial Litigation team at Ramsdens welcomes the decision, as providing
further clarity and opening the way for claims to be pursued, although the
decision does not cover all business interruption insurance policies.
Ramsdens have the necessary experience to be able to assist clients in dealing
with these claims if insurers still refuse to pay.
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To discuss Commercial Litigation issues, please either use the contact form on the right, email us at info@ramsdens.co.uk or call us on 01484 821 500 to speak to a member of our team.
BY NICK ARMITAGE
January 18, 2021
Nick is a Solicitor and Partner and Heads our Commercial Dispute Resolution team.