Ceiling collapse tests the limits of insurance policy's liability
Franklin, K.
Ceiling collapse tests the limits of insurance policy's liability - 2004 - Architects' Journal 219(20) 20 May 2004, 46(1) .
Discusses "Horbury Building Systems Ltd v Hampden Insurance NV" ([2004] EWCA Civ 418; [2004] 2 All ER (D) 124 (Apr)) where it was held that an insurer was not liable to indemnify an insured contractor in respect of loss of profit arising from the closure of an entire cinema complex. The ceiling had collapsed in a single auditorium, but the policy only covered liability for the physical consequences of the damage in the auditorium and the economic losses caused by that physical damage.
HORBURY BUILDING SYSTEMS LTD V HAMPDEN INSURANCE NV
BUILDING CONTRACTORS
CEILINGS
CINEMAS
INDEMNITY CLAUSES
AUDITORIA
INSURANCE POLICIES
LOSS OF PROFITS
LIABILITIES
DAMAGE TO PROPERTY
Ceiling collapse tests the limits of insurance policy's liability - 2004 - Architects' Journal 219(20) 20 May 2004, 46(1) .
Discusses "Horbury Building Systems Ltd v Hampden Insurance NV" ([2004] EWCA Civ 418; [2004] 2 All ER (D) 124 (Apr)) where it was held that an insurer was not liable to indemnify an insured contractor in respect of loss of profit arising from the closure of an entire cinema complex. The ceiling had collapsed in a single auditorium, but the policy only covered liability for the physical consequences of the damage in the auditorium and the economic losses caused by that physical damage.
HORBURY BUILDING SYSTEMS LTD V HAMPDEN INSURANCE NV
BUILDING CONTRACTORS
CEILINGS
CINEMAS
INDEMNITY CLAUSES
AUDITORIA
INSURANCE POLICIES
LOSS OF PROFITS
LIABILITIES
DAMAGE TO PROPERTY