English Supreme Court Confirms Broad Application of Business Interruption Policies to COVID-19 Losses | Jones Day
The latest ruling by the UKs Supreme Court is a victory for policyholders. Following the High Courts September 2020 Judgment in the COVID-19 Business Interruption Test Case ("Test Case") brought by the UK Financial Conduct Authority ("FCA"), the UKs Supreme Court ruled on 15 January 2021, that all the insuring clauses reviewed will provide cover for business interruption caused by the COVID-19 pandemic. This is the final word on the meaning of the various business interruption clauses considere...
United Kingdom United Kingdom Financial Conduct Authority Supreme Court Judgment United Kingdom Supreme Court High Court Interruption Test Case
Source: jdsupra.com