Textile Co. Wins £1.4M Payout In Factory Fire Fight
Law360, London (May 3, 2019, 5:16 PM BST) -- A U.K. bedding weaver is owed an additional £1.39 million ($1.8 million) insurance payment to cover destroyed machinery and parts after its factory in eastern England burned down eight years ago, a London judge ruled Friday.
David Railton QC, sitting as a judge of the High Court, said Sartex Quilts & Textiles Ltd. was entitled to recover the sum from Endurance Corporate Capital Ltd. under the terms of its insurance policy following a fire in Norwich in 2011.
Endurance Corporate, the sole member of a Lloyd's of London syndicate that underwrote Sartex's fire insurance policy, has already paid out £2.14 million to cover...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!