UK Supreme Court Judgement on Business Interruption Insurance issued by UK Insurers (Press Release)
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On 15 January 2021 the UK Supreme Court (‘UK SC’) handed down its appeal judgment on certain Business Interruption (‘BI’) insurance covers in relation Covid-19 pandemic related events. The UK SC case considered matters appealed from the UK High Court (‘UK HC’) Decision on the test case brought by the UK Financial Services Authority (‘UK FCA’. The UK SC judgment is complex, running to 112 pages.
