On the 22 June 2022, in the case of 'A. Pace Balzan v
Citadel Insurance p.l.c.', the Court of Appeal in its inferior
jurisdiction, presided over by Judge Lawrence Mintoff, delved into
the concept of juridical interest in the context of an insurance
claim.
Facts of the Case
The case was brought before the Court of Appeal by the
appellant, following an arbitral decision granted on the 10
November 2021, wherein the Malta Arbitration Centre had rejected
the pleas made by the plaintiff against Citadel Insurance p.l.c.
("Citadel").
The case concerned a claim made by the plaintiff in respect of
damage caused to his yacht due to bad weather conditions between
the 23 – 24 February 2019 while the yacht was berthed at the
Gzira Strand. The yacht in question was covered by an insurance
policy issued by Citadel, who refused to honour the claim made by
the plaintiff.
