BI court case judges aiming for draft judgment in mid-September
Lord Justice Flaux has confirmed the middle of September as the target date for a draft judgment in the business interruption court case brought by the Financial Conduct Authority against UK insurers.
However, Flaux also stressed that he was not giving “any sort of binding indication”.
He warned that while he hoped it would be available by then “inevitably there may be slippage” adding the judges were conscious of how important the issues in the case were for everybody involved and that the process would not be rushed.
He was speaking yesterday (30 July) at the end of the final day of the two-week hearing into the case which began on Monday 20 July and was brought by the regulator on behalf
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