Business interruption claims
Article from: TDM 6 (2007), in Compensation and Damages in International Investment Arbitration
Introduction
The term 'business interruption' covers a multitude of situations, since the ways in which a business can be interrupted are seemingly endless. This leads to all manner of situations in which a trigger event leads to a claim to be resolved in the context of insurance, litigation, mediation, arbitration or even by way of a quasi-legal compensation tribunal or commission. Of course, in order to succeed a claim must be valid, the defendant or the paying party must be held to be responsible and the claim must be supported by sufficient and reliable evidence. The focus of ...