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Ruling in favour of solicitors’ insurer over debts and trading liabilities

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Published 03 November 2016


DAC Beachcroft's Phil Murrin and Parminder Badhan featured in Thursday 3 November's edition of Insurance Day, covering the latest key ruling in favour of insurers.


The UK’s Supreme Court held that the insurers of a firm of solicitors were not liable to indemnify the solicitors’ liability to a third-party funder for loans made to cover disbursements in intended litigation (Impact Funding Solutions Limited v AIG Europe Insurance Ltd [2016] UKSC 57).