Suez Fortune Investments Ltd v Talbot Underwriting Ltd [2015] EWHC 42 (Comm)
The High Court recently held that the “Brillante Virtuoso” was a constructive total loss following an attack by pirates in July 2011. Mr Justice Flaux made important key findings in the CTL claim, which totalled over US$80m. This case has been closely followed and widely discussed by the London insurance market.
For further details, please see the recent Reed Smith Client Alert by Dr. George Panagopoulos and Sophia Stewart.