The Supreme Court has given permission to appeal in the test case brought by the Financial Conduct Authority against Arch Insurance and others.
At first instance, a specially constituted Court (Flaux LJ and Butcher J) handed down a 580 paragraph judgment, addressing a number of construction issues and issues of principle on causation in business interruption policy extensions in light of the Covid-19 outbreak. A copy of our previous coverage of this case and the judgment can be found here.
The Supreme Court has ordered that the leapfrog appeal be expedited and listed for 4 days from 16 November 2020.
John Lockey QC and Jeremy Brier, instructed by Neil Beresford of Clyde & Co, act for the First Defendant (Arch).
