Australian law firm Clayton Utz and litigation funder ICP are launching a class action for insurance policyholders whose claims for business interruption due to the COVID-19 pandemic have been rejected.
The latest of several class actions arising from the novel coronavirus pandemic in Australia, the action follows a New South Wales Court of Appeal ruling last November that said that insurers could not rely on standard “quarantinable disease” exclusions when knocking back claims for losses caused by COVID-19 under business interruption policies.
