WebFeb 25, 2024 · The Honourable Mrs Justice Cockerill DBE held that Corbin & King Ltd and its subsidiaries (the “ Claimants ”), were successful in their claim against AXA Insurance (the “ Defendant ”) and could recover approximately £4.4 million under their policy. Mrs … WebFeb 25, 2024 · In a High Court judgment handed down this morning (25 February 2024), The Honourable Mrs Justice Cockerill DBE held that Corbin & King Limited and its subsidiaries were successful in their claim against AXA for Business Interruption losses suffered as a result of Covid-19 and were entitled to the declarations sought.
COVID-19: Policyholders’ Claims Against Insurers Get Boost
WebJan 25, 2024 · Eater has contacted Jeremy King, who has described the move as a “power play,” for comment on the development. King said that he and business partner Chris Corbin plan to “buy back” the holding company out of administration. Reports of a permanent exit from the group for the duo are wide of the mark. Minor International says … WebMar 2, 2024 · The Commercial Court has found in Corbin & King Ltd v Axa Insurance UK Plc that a Non-Damage Denial of Access (“ NDDA ”) clause responds to COVID-19 business interruption losses. Further, that where the policy provides cover by reference to the … film the space
AXA Must Pay Corbin & King £4.5M For COVID Closures
WebCorbin and King, the owner of London-based restaurant The Wolseley, has secured a £4.4m win in the High Court against insurer Axa after nearly a year-long battle over business interruption (BI) cover. However, the fight over Covid-induced BI insurance … WebJan 25, 2024 · In a bid to oust Minor, Corbin & King has been holding talks over financing with US-based investment fund Knighthead Capital Management. The negotiations were first reported by Sky News. WebThe decision in Corbin & King Ltd v Axa: Cover In her judgment on whether the NDDA clause provided cover to the policyholders, Mrs Justice Cockerill analysed the reasoning of the Divisional Court and the Supreme Court in the FCA’s business interruption insurance … film the song of names