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Government Support Grants and Business Interruption...

Posted in Dispute Resolution on 21st Apr 2021
Here at Specters Solicitors we come across all kinds of different scenarios related to claiming compensation for business interruption due to the lockdown periods in 2020. Here is one specific example following a recent update from the Financial Conduct Authority (FCA). I received a Government Support Grant in 2020/2021, can I still make a claim for business interruption? Last month the FCA published updated guidance regarding Covid-19 Business Interruption Settlement and Deductions made with Government Support. The FCA first commented on this...

Business Interruption Claims: Dry Cleaners

Posted in Dispute Resolution on 19th Apr 2021
The Covid-19 pandemic has affected all of us, including those deemed ‘essential businesses’. Many UK businesses are currently enduring severe financial hardship due to the effects of lockdown. This includes those businesses deemed essential, like dry cleaners and laundrettes, which were allowed to stay open during the lockdown periods. A laundrette’s business model relies on hospitality events and formal clothing in offices. The hospitality industry is still on its knees, with weddings and events cancelled. Most offices closed entirely over lockdown,...

Business Interruption Insurance Claims Case...

Posted in Dispute Resolution on 16th Mar 2021
Rockliffe Hall Limited v. Travellers Insurance Company Limited (2021) EWHC 412 (C) (omm) On the 25th February 2021 the Honourable Mrs. Justice Cockerill handed down a Judgment in the latest Covid-19 business interruption insurance claim dispute to come before the Courts. The case was brought against Travellers Insurance Company Limited over a dispute into the interpretation of the Disease Clause Extension of the Policy and whether it would extend to cover Covid-19 losses. Mrs. Justice Cockerill found in favour of the Insurer, granting an Application...
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