Lloyd's Syndicate Fights Leaky Building Repair Costs Claim

Law360, London (July 2, 2019, 3:12 PM BST) -- A Lloyd’s of London syndicate has denied liability for nearly £1 million ($1.3 million) in damages caused by a water leak in a residential development, saying the apartment owners waited too late to sue and that the building manager is responsible for the repairs.

More than 250 property owners have started litigation at the High Court in London over a development known as Airpoint, a former factory in the city of Bristol that was converted in 2007 into residential units. The suit seeks indemnity for the cost of repairs to damage from water leaks coming from the building’s rooftop running track and glass-capped...

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