Appeal court throws out insurer's Covid-19 business interruption case

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

Guardrisk appealed after the Cape Town high court said it must compensate Cafe Chameleon, in Plattekloof, for revenue lost as a result of the lockdown.

The high court ruling was handed down in June and has been followed by several others which all came to the same conclusion about several insurers' refusal to pay business interruption claims.

Cafe Chameleon's appeal victory, announced in a ruling on Thursday penned by judge Azhar Cachalia, sets a precedent for the other cases which insurers have taken to the appeal court.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 13. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين