Charity faced with uninsured losses

We were instructed by a charity where a property had been damaged quite badly but no insurance was available to respond to the business interruption losses.  

We were able to step in where negotiations had stalled between the charity and the third party responsible for the damage to extract swift and substantial compensation allaying the losses that had resulted from the charity shop being closed for so long due to the damage.  

In order to eliminate any risk for the client we acted on a funding arrangement that meant the client did not need to pay any legal fees unless and until the claim succeeded.  Damages were obtained within four months.  Insurance cover might have indemnified the major loss, but it is always worth reviewing other subsidiary losses and seeking legal advice on what might be recovered out of uninsured losses. 

About the author

Susan Hopcraft Partner

Susan advises on all aspects dispute resolution particularly in the financial services sector. She has extensive insurance, professional negligence and restrictive covenants experience. She deals with claims against solicitors, valuers, surveyors, brokers and accountants, fraud issues, recoveries for lenders and bank mis-selling.