Mactavish chases “ultimate failure” £30m British Steel claim
Mactavish pursues Zurich, Liberty and other insurers but praises brokers involved in the case as insolvency places providers at risk of damages claim.
Mactavish has revealed it is representing British Steel in a disputed £30m insurance claim with Zurich Insurance and other providers including Liberty.
British Steel went into insolvency today (22 May), putting 5,000 jobs at risk.
According to Bruce Hepburn, Mactavish CEO, the insolvency of British Steel means that, if it is found that the insurers should have paid the £30m claim, they could be at risk of an additional damages claim from the manufacturer.
“This is one of the worse cases we
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