Business interruption insurance and Covid-19 – supreme court hands down judgment in fca test case

On 15 January 2021, the Supreme Court handed down its judgment in the COVID-19 insurance test case for business interruption losses – The Financial Conduct Authority (the “FCA”) v Arch and Others [2021].

Related briefings

Budget 2021: Making sense of the UK infrastructure bank

With the publication of the ‘Policy Design’ for the UK Infrastructure Bank (“UKIB”), the UK Government has put “flesh on the bones” of its commitment to establish a national infrastructure bank. We look at some of the key issues for UKIB, and what its role might be in delivering government pledges to “level-up” the UK, reach Net Zero carbon by 2050 and meet the challenges of Brexit and COVID-19 recovery.

Latest Briefings

Privy Council emphasizes primary role of trial judge as decision-maker in shareholder disputes

In the context of an unfair prejudice claim, the Privy Council recently overturned the decision of the Eastern Caribbean Court of Appeal and restored the decision of Leon J. of the Commercial Court of the British Virgin Islands, in effect ordering a mandatory buy-out, at a price to be determined by the court, of minority shareholdings by the majority shareholder whose acts were found to be oppressive, unfairly discriminatory and unfairly prejudicial to the minority, pursuant to section 184I of the BVI Business Companies Act.

BVI Company Law Series – Continuations In

In this first of two notes relating to continuations (sometimes referred to as migrations or redomiciliations), we look at the requirements and processes for companies which want to continue from one jurisdiction to the BVI.

Recommended

Barcelona Spain

Allen & Overy closes Barcelona office as lease ends

Allen & Overy has decided to shut down its two-staff satellite office in Barcelona, and focus the growth of its Spain practice from Madrid. The magic circle firm launched the Barcelona office in February 2014, with the hire of Freshfields Bruckhaus Deringer corporate partner Antoni Valverde. However, the office remained a small outpost with a single-fee […]

London, the scoop, Shard

Norton Rose Fulbright hands out one-off bonus to Flex staff

Norton Rose Fulbright is partially reimbursing its employees across Europe, Middle East and Asia (EMEA), who opted in to work a four-day week as part of the firm’s Flex scheme. The firm has said it will pay 50 per cent of the salary that was exchanged for reduced working hours under the voluntary scheme. A […]

paris

Addleshaws launches in Paris with 22-lawyer swoop

Addleshaw Goddard has opened its doors in Paris, landing teams from Bryan Cave Leighton Paisner (BCLP) and K&L Gates for the launch. For its latest European push since opening in Germany in 2019, Addleshaws has secured 22 lawyers in Paris, including seven partners, covering corporate, real estate and litigation. An 18-lawyer team joins from BCLP, […]

Bayswater Notting Hill

Mishcon hit with £50m negligence claim from Fieldfisher client

A Jersey-based real estate company is suing Mishcon de Reya for almost £50m following accusations the firm was negligent when advising on a proposed development project in central London. Aurium Real Estate London Ultra Prime Limited, represented by Fieldfisher, has claimed it suffered significant loss due to Mishcon’s breaches of duty. Mishcon in response has […]

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies