Textile Co. Wins £1.4M Payout In Factory Fire Fight
Law360, London (May 3, 2019, 5:16 PM BST) -- A U.K. bedding weaver is owed an additional £1.39 million ($1.8 million) insurance payment to cover destroyed machinery and parts after its factory in eastern England burned down eight years ago, a London judge ruled Friday.
David Railton QC, sitting as a judge of the High Court, said Sartex Quilts & Textiles Ltd. was entitled to recover the sum from Endurance Corporate Capital Ltd. under the terms of its insurance policy following a fire in Norwich in 2011.
Endurance Corporate, the sole member of a Lloyd's of London syndicate that underwrote Sartex's fire insurance policy, has already paid out £2.14 million to cover...
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