January 2021 - MJ Waldron

FCA Test Case Supreme Court Judgment

Posted on January 26, 2021August 9, 2021 by Clients

On 15 January, the Supreme Court handed down its judgment on the FCA’s business interruption test case. It remains the case that most SME business interruption (BI) policies are focused on property damage and only have basic cover for BI as a consequence of property damage, so are unlikely to pay out in relation to the COVID-19 pandemic and its effects.

Unoccupied Property Market Response – Lockdown 3.0

Posted on January 18, 2021August 9, 2021 by Clients

It is important to distinguish between temporarily closed premises due to COVID-19 and previously longer terms unoccupied premises, the responses contained below are specifically for temporarily closed premises due to government guidelines and will not apply for premises that fall outside of the guidelines.