Insurance,
Civil Litigation
Aug. 20, 2020
UK business interruption test case eyed by American litigators
The UK Financial Conduct Authority — a non-governmental financial regulatory agency — asked the Court of Appeals of England and Wales to provide an urgent declaratory judgment to resolve contractual uncertainty in business interruption policies and to provide guidance on whether common policy wordings cover COVID-19 claims.
After an attempt to consolidate hundreds of COVID-19-related business interruption insurance lawsuits into a multidistrict litigation failed in the U.S. last week, some attorneys are beginning to look to a U.K. test case as a possible model for expediting what could be the largest and most complex litigation to emerge from the economic shutdowns and pandemic.
"We don't usually turn to the UK for our authority, but you can bet that de...
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