Tag: Coronavirus

FCA High Court case SME advice

Update: FCA’s Business Interruption Insurance Test Case

The FCA’s test case is likely to be the quickest route to clarity on whether losses caused by Covid-19 are covered by Business Interruption insurance. Most SME insurance policies are focused on property damage (and only have basic cover for BI as a consequence of property damage) so, at least in the majority of cases, insurers are not obliged to pay out in relation to the coronavirus pandemic. This case is focused on the remainder of policies that could be argued to include cover.

business interruption insurance claim solicitors

FCA Test Case: Are insurers obliged to pay out for Covid-19 business losses?

On 9 June 2020, the Financial Conduct Authority (FCA) filed its Claim Form and Particulars of Claim in its High Court test case on business interruption (BI) insurance policies. The court action is aimed at providing clarity and certainty for everyone involved in Business Interruption insurance disputes, policyholder and insurer alike.

Coronavirus corona covid-19 legal advice employer insolvency winding up petition hmrc tax dispute london breach of contract force majeure

Should my employees work from home? How to deal with coronavirus (COVID-19) in the workplace

The government has outlined strict new measures to counter the recent outbreak of coronavirus (COVID-19) in the UK, which will have considerable implications for employers across the country.…

coronavirus covid 19 breach of contract lexlaw litigation solicitor london

Can coronavirus excuse non-performance? How will COVID-19 affect force majeure clauses and breach of contract litigation?

The recent outbreak of coronavirus (COVID-19) has closed schools, cancelled major sporting events, suspended the Premier League, and forced many institutions to close or recommend employees stay at…