Articles by Kirstin Ridley and Carolyn Cohn

UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling

LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself …

London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority (FCA) said on Tuesday. The FCA, which brought …

Miner BHP Calls $6.3B English Lawsuit over Brazil Dam Collapse ‘Pointless and Wasteful’

Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil’s worst environmental disaster. Kicking off an …

Anglo-Australian Miner BHP Faces $6.3B Lawsuit in UK over 2015 Brazil Dam Disaster

More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil’s worst environmental disaster. The group claim, one …

UK Regulator Seeks Court Review in July to Resolve COVID-19 Insurance Dispute

Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July, a member of a policyholder action group said on Thursday. The Hiscox Action Group, which is seeking to sue Hiscox …

Top Insurers Face Lawsuit from UK Hospitality Sector on Rejected Biz Interruption Claims

Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and leisure groups, who allege that legitimate business interruption claims have been rejected. A new Hospitality Insurance Action Group (HIGA) on …

Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack

Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The …

Mining Giant BHP Faces $5B Damages Claim over 2015 Brazil Dam Disaster

Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being “woefully negligent” in the run-up to a 2015 dam failure that led to Brazil’s worst environmental disaster, a lawsuit alleges. The claim, which will …

Danske Bank Faces Shareholder Lawsuit over Money Laundering Scandal

Litigation funder IMF Bentham has teamed up with legal experts Quinn Emanuel and Njord Law Firm and plans to file a shareholder lawsuit against Danske Bank by July over a 200 billion euro ($230 billion) money laundering scandal. IMF’s European …

BHP Readies for Largest English Group Lawsuit over 2015 Brazil Mine Disaster

Mining giant BHP says it will fight an unprecedented English lawsuit filed by hundreds of thousands of Brazilians for multi-billion pound damages over Brazil’s worst environmental disaster. SPG Law, a British offshoot of a U.S. litigator, represents 240,000 individuals in …