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The FCA’s business insurance test case: key takeaways from the judgment and next steps for businesses

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Contributing authors: Tom Llewellyn

Business interruption insurance test case

The High Court has delivered its ruling in the highly anticipated business interruption insurance (BII) test case. The FCA brought proceedings on behalf of policyholders, along with two action groups, in which the Court considered whether a sample of BII policies provided cover for losses arising from the Covid-19 pandemic.

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Business interruption insurance test case: welcome news for policyholders

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Insurance-test-case

Judgment has today (15 September) been handed down in the much publicised business interruption insurance (BII) case which considered whether various BII policies provided cover in relation to the Covid-19 pandemic.

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Protect your confidential information and IP when employees leave

Author headshot imagePosted by , Partner
Contributing authors: Tim Gofton

employee leaving

Businesses face difficult decisions over the coming months as furlough comes to an end and the reality of the new order starts to become clear. For businesses this might involve redundancies or employees moving on as the job market reopens. Either way, there is likely to be movement within the jobs market. Employers therefore need to be aware of the increased risks that leavers pose in terms of confidential information and intellectual property whilst employees continue to work from home.

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Brexit – the implications for enforcing foreign judgments in the UK

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Brexit chess concept

For the next few months, whilst the Brexit transition period still remains in force, the Recast Brussels Regulation [Regulation (EU) 1215/2012] continues to have effect in the UK.

Jack Pestill, Associate in our Dispute Resolution team, explains why this is important.

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Corporate Governance and Insolvency Bill: contract management during uncertain times

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Contributing authors: Bharti Moore

Contract management

Next up in our series of blogs focusing on the provisions introduced by the Corporate Governance and Insolvency Bill, we turn our attention to managing commercial contracts during temporary company moratorium and insolvency situations.

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Potential liabilities of directors in insolvency situations: a cautionary reminder

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Contributing authors: Bharti Moore

Directors liability

With the recently announced Corporate Governance and Insolvency Bill introducing a temporary suspension of wrongful trading actions, our Corporate team outline other potential claims that may be brought against directors of an insolvent company.

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Struggling with business interruption insurance? This may be the solution you’re looking for

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Closed store front retail

Many businesses are being denied business interruption insurance payments, but are there any other avenues that could be investigated? Could the best place to start actually be how, or where you bought the insurance in the first place?

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Is your claim time-barred? Limitation periods during coronavirus

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Limitation period

Limitation periods are critical in the context of a dispute. Simply put, if a party fails to commence proceedings before the end of the relevant limitation period, it is usually fatal to that party’s claim.

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WIPO PROOF: Digital evidence for your intellectual assets

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WIPO PROOF

On 27 May 2020, the World Intellectual Property Organization (WIPO) launched a new global online service that provides tamper-proof evidence of the existence at a point in time of any digital file, including data sets, in any format.

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Business interruption insurance – what does the FCA say?

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Our Dispute Resolution lawyers explain the steps the Financial Conduct Authority (FCA) have taken to seek legal clarity on business interruption insurance.

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The Corporate Governance and Insolvency Bill

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Contributing authors: Bharti Moore

Business insurance policies

A new Corporate Governance and Insolvency Bill prepared by the Department for Business, Energy and Industrial Strategy (BEIS), was put before Parliament on Wednesday 20 May, with a key focus on offering some reprieve to companies that find themselves in trouble in the midst of the Covid-19 pandemic.

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World IP Day: Creating a green-tech innovation surge?

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World IP Day 2020

Sunday 26 April marks World IP Day. Rather appropriately, coming only several days after the 50th anniversary of Earth Day, this year’s theme is ‘Innovate for a Green Future’.

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