Legal
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The bakery chain is suing Zurich over losses during the lockdown, one of several high-profile BI legal disputes to have emerged. -
The Spanish government has been locked in a dispute with the London P&I Club over a 2002 oil spill.
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The pub chain has claimed in court that it is entitled to separate payouts for each of its 760 venues.
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Aggregation is the main issue in the landmark case brought against MS Amlin, Zurich and Liberty Mutual.
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The case is linked to losses associated with asbestos-related injuries and claims filed over two decades ago in Montana.
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Together with its parent company, Allianz Global Investors has agreed to pay more than $5bn in restitution to victims and $1bn to US authorities.
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The Supreme Court ruling over BI coverage early last year has not put a stop to BI litigation over Covid losses.
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The Peruvian government is suing Spanish oil company Repsol over the January incident which affected 700,000 residents.
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“We like where we are positioned right now in terms of the performance of some of that strategic hiring,” Glaser told analysts.
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Mulsanne must pay £1mn to Marshmallow in the next two weeks, with the remaining balance subject to a cost assessment process.
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The brokers asked the judge to delay some pre-trial conferences by two weeks as they could obstruct the settlement negotiations.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
