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Related news & insights - Chris Hoyer Millar
Pingdemic and pandemic effects on town centres surge as independent businesses struggle to survive
Posted: 20/07/2021
Thousands of independent businesses face imminent collapse due to ‘a huge debt mountain’ of unsustainable loans taken out during the pandemic. This is the conclusion reached by a panel of industry experts headed by Bill Grimsey, former chief executive of Iceland and Wickes, in a far-reaching report that has just been published......>>
Insurers expect to pay up to £2.5 billion for UK insurance due to Covid-19, claims ABI
Posted: 01/04/2021
Insurers have so far paid out £472 million to policyholders who claimed for losses resulting from the closure or partial closure of their businesses in the wake of the pandemic. That figure, however, represents less than the total claim value as estimated by the Association of British Insurers in February 2021 – and the final claim value could...…>>
Business interruption insurance test case – both sides to appeal to the Supreme Court
Posted: 05/11/2020
On 2 November 2020, the Supreme Court granted permission to the FCA, six defendant insurers and one intervening policyholder action group to appeal the recent High Court decision which largely ruled in favour of policyholders hit by the pandemic......>>
Penningtons Manches Cooper named in UK litigation top 50 report
Posted: 16/10/2020
The high quality and broad range of Pennington Manches Cooper’s litigation expertise has been recognised in this year’s edition of The Lawyer UK Litigation 50, which positions the firm at 38 in the list of top 50 litigation law firms......>>
Significant victory for 370,000 policyholders in landmark High Court business interruption insurance case
Posted: 15/09/2020
The High Court has today ruled against insurers in a landmark decision which paves the way for pay-outs to an estimated 370,000 businesses forced to close during lockdown. In their judgment, Butcher J and Flaux LJ ruled in favour of policyholders in the majority of the 21 policy wordings considered...…>>
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