FIN.

FCA publishes Day 2 BI test case transcript

FCA has published the draft transcript from Day 2 of the Business Interruption Test Case hearing.  Counsel developed the arguments from the details discussed on the first day, with reference to specific policies, and to case law on causation and concurrent causes, much of it in the context of shipping claims. There was then discussion of trends clauses.

There was also discussion about extension of the court hours to accommodate the interveners and the insurers’ response.

Emma Radmore