On 17 October 2022, the English Commercial Court delivered three very significant, related judgments, which in part considered aggregation of business interruption losses arising from COVID-19....more
Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market....more
8/2/2022
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Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market.
This edition covers...more
7/14/2022
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The Commercial Court has found in Corbin & King Ltd v Axa Insurance UK Plc (“Corbin & King”, available here) that a Non-Damage Denial of Access (“NDDA”) clause responds to COVID-19 business interruption losses. Further, that...more
The Federal Court of Australia on 21 February 2022 handed down judgments in the appeals of a number of test cases in which one of the issues in contention was whether the COVID-19 pandemic in Australia was a “catastrophe”...more