Home / Banking & Finance

Legal News

FCA BI test case—timing of judgment

Copyright © 2025 LexisNexis
Published on: 15 December 2020
Published by LNB News

LNB News 15/12/2020

Document Information

Issue Date: 15 December 2020

Published Date: 15 December 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority's (FCA) Supreme Court appeal concerning its test case on non-damage business interruption (BI) insurance claims arising out of the coronavirus (COVID-19) lockdown ​​concluded on 19 November 2020. ​The FCA has announced on its dedicated BI website that it has been informed that the Supreme Court will not be in a position to hand down the judgment before January 2021.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

4 News
View More
7 Practice notes
View More
1 Precedents
Powered by Lexis+®

Related documents:

4 News
View More
7 Practice notes
View More
1 Precedents

Popular documents

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an