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Business Interruption Insurance

The UK Supreme Court delivered a significant judgment on 15th January offering much needed clarity on whether claims can be made by businesses on their insurance as a result of loss suffered consequent upon the Covid-19 pandemic.  The judgment is involved and extensive running into 326 paragraphs.  The decision has been welcomed not just by those who suffered significant financial loss as a result of lockdown, but by the insurance industry in the UK and the Gibraltar Government itself.

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Guy Stagnetto QC

Guy Stagnetto QC

Director