News & Events

Update on UK High Court Ruling of FCA's Business Interruption Test Case

Friday, January 22, 2021

The Supreme Court has now published its decision on the appeal from the High Court ruling in the FCA’s Business Interruption test case that was originally handed down in September 2020. The proceedings did not involve TMHCC International.  We have been and continue to review the impact of what is a complex judgment and are liaising with claimants on an ongoing basis.

Further information is provided on the FCA website, and we will also be keeping our website regularly updated as necessary.

The Association of British Insurers and Financial Ombudsman Service also provide information on their respective websites at www.abi.org.uk/products-and-issues/topics-and-issues/coronavirus-hub/business-insurance and www.financial-ombudsman.org.uk/businesses/complaints-deal/complaints/coronavirus-covid-19-information-businesses