Legal
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A California ruling could set an important precedent as other courts consider similar cases. -
The regulator alleges customers were promised discounts they did not receive.
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Current efforts to battle third-party litigation funding are focused on disclosure.
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Starr is understood to be one of several carriers to reach an in-principle agreement with AerCap.
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The settlement was announced by DAE’s lawyer Alistair Schaff on day one of the aviation ‘mega trial’.
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The ruling is the latest in a series of ongoing legal wranglings over Covid-19 BI losses.
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The 12-week trial is set to commence in the Commercial Court in London tomorrow.
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The Court of Appeal ruled that ‘at the premises’ wordings provide coverage for Covid-19 losses.
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James River will also oppose a Fleming motion to uncover additional documents.
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The judge relied heavily on a previous UK court decision.
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NatGen allegedly collected $500mn associated with the fraud.
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Beazley has two days to amend its complaint, correcting jurisdictional deficiencies.
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