Court of Appeal dismisses Covid BI appeals from Allianz and Various Eateries
The Court of Appeal has dismissed cases pleaded by restaurant operator Various Eateries and its insurer Allianz as to how Covid-related business interruption losses ought to be aggregated.
Various Eateries is seeking more than£16m in BI losses, but Allianz has argued that losses should be aggregated as a single occurrence and, as such, be subject to a £2.5m limit stipulated in Various
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