Insurance

The proceedings arose out of a serious fire at the Sugar Hut Club, Essex in 2009. A dispute arose as to, inter alia, the amount of business interruption losses to which the claimants were entitled. In particular, the parties disagreed as to the calculation of the overall loss of turnover. The Commercial Court held that the claimants were entitled to recover the net sums as calculated in accordance with the judgment, using a modified version of the claimants’ expert’s approach, together with interest.