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ARTICLE · 08 OCTOBER 2020

Partial Shutdown Of Business Does Not Preclude Business Interruption Claim

Gardiner Roberts LLP
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As we head into the seventh month of the artificial economic lockdown ordered by Canadian governments at all levels and brace ourselves for the second wave of the COVID-19 pandemic...

CanadaCoronavirus (COVID-19)
Stephen Thiele
Stephen Thiele
James R.G. Cook
James R.G. Cook
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As we head into the seventh month of the artificial economic lockdown ordered by Canadian governments at all levels and brace ourselves for the second wave of the COVID-19 pandemic, businesses in multiple sectors continue to seek compensation from their insurers for business interruption losses. Recently, in Canada, a vacation rental business in Canmore commenced a $180 million class action against Lloyd's Underwriters for business interruption losses, and with the recent decision out of England in The Financial Conduct Authority v. Arch Insurance (UK) Ltd., it is likely that the Canmore class action will not be the only claim to be commenced as businesses continue to struggle to survive.

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