Business Interruption test case allowed to leapfrog to Supreme Court

Business-interruption-test-case-granted-permission-to-move-to-Supreme-Court

On Friday 2nd October 2020 The High Court granted ‘leapfrog’ certificates for an appeal to the Supreme Court to:

The Financial Conduct Authority, Arch Insurance (UK) Ltd, Argenta Syndicate Management Ltd, MS Amlin Underwriting Ltd, Hiscox Insurance Company Ltd, QBE UK Ltd, Royal & Sun Alliance Insurance Plc and Hiscox Action Group

Those who received a certificate are now entitled to apply to the Supreme Court for permission to appeal.

The FCA stated: “In light of the hearing, the FCA will review the final declarations and decide on its next steps. As stated in our press release on Wednesday, these will include pressing on with the application to appeal to the Supreme Court while continuing discussions with insurers and action groups to find a solution that avoids the need for appeal and enables pay-outs on eligible claims as quickly as possible.”

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