Judge dismisses Towergate claim of Lorica attack
Towergate Underwriting has lost a pre-action disclosure application in the High Court and been ordered to pay £17,000 in costs to Lorica Insurance Brokers.
The ruling in February by Mr Justice Langstaff dismissed Towergate's contention that Lorica had mounted a "targeted attack" on its business recruiting 27 employees and transferring the business of at least 66 clients.
In his summation the judge said: "...it seems to me, the claim is speculative. It is unsupported by evidence which I would have expected to see had it been better founded. It is insufficient a base on which to mount a claim of this wide-ranging nature. There is nothing, it seems to
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