Business shutdowns and COVID – Is the Supreme Court’s BI judgment really the salvation to UK business that the media would have us believe?January 2021
The recent and much anticipated judgment of the Supreme Court in the FCA Business Interruption (BI) test case has been extensively considered in the legal and insurance press. The case has confirmed Insurers’ obligation to provide cover for many non-damage BI insurance claims arising from the Covid 19 pandemic. But is it really the salvation for UK business that the press would have us believe?
In this article, Joe Bryant and Stephen Reilly consider the wider implications of the judgment for insurers and brokers alike.
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