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Business interruption insurance (BII) update: FCA draft guidance on proving presence of Covid-19

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business interruption

Our Dispute Resolution team continues to monitor developments around the business interruption insurance (BII) case as more detail on how to claim emerges following last year’s judgment.

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Commerce & Law: what to expect in 2021

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This article summarises some of the key developments expected in commercial, consumer and contract law in the UK in 2021 and beyond.

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Update: the business interruption insurance (BII) appeal – will businesses get all they want for Christmas?

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In September we published our summary of the lengthy BII test case judgment to assist businesses in understanding what this meant for them.

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Electronic signatures: can you digitally sign your life away?

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Many of us in these difficult times are working from home and conducting business through our computer screen. This business will often involve the creation, variation, and termination of contracts and many other transactions besides, often of considerable importance and value. I was recently asked whether ‘electronic signatures’ have the same legal effect as traditional ‘wet signatures’?

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Pride Comes Before a Fall – The Johnny Depp Case

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Pride comes before a fall, so the proverb goes, meaning if you are too full of yourself, something will happen to make you look foolish. Is that the case here?

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Warning for retailers: the curious case of Phillip Lloyd Jewellers and a lost diamond

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diamond-ring

Last month [October] it was widely reported in the trade and national press that Reigate High Street Jewellers, Phillip Lloyd Jewellers (“PLJ”) lost its Court case against a disgruntled customer over a lost diamond.  PLJ has been ordered to compensate the customer up to £30,000.

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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

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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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