Sartex Quilts & Textiles Limited (“ Sartex ”) was the owner of a factory at Crossfield Works, Rochdale (‘the Property’), from which it had manufactured textiles. A serious fire occurred at the Property in 2011 destroying it and the plant and machinery it contained. Sartex was insured by Endurance Corporate Capital Limited (“ Endurance ”).
5/17/2019 · Sartex Quilts v Endurance Corporate Capital Ltd: Indemnity on a Reinstatement Basis. Legal Development 17 May 2019 17 May 2019. UK & Europe. Insurance & Reinsurance. Judge considers test for awarding an indemnity under a property policy on a reinstatement basis.
3/16/2020 · In Endurance Corporate Capital Limited v Sartex Quilts & Textiles Limited [2020] EWCA Civ 308, the Court of Appeal unanimously held that an insured is generally entitled to be indemnified in respect of property damage on the reinstatement basis, regardless of what it intends to do with the property following the insured event.It also ruled on the principles relevant to deductions from.
These were the issues that arose under a property insurance policy in Sartex Quilts & Textiles Limited v Endurance Corporate Capital Limited [2018 ] EWHC 1103 (Comm). The policy covered Sartex Quilts & Textiles Limited (“ Sartex ”) manufacturing and warehouse premises at Crossfield Works in Rochdale. On 25 May 2011 the property was severely …
3/5/2020 · The premises were occupied by the claimant insured, Sartex Quilts & Textiles Limited, which was preparing to use them as a factory to manufacture shoddy hard pads. The buildings and machinery and plant were insured against property loss or damage under an insurance policy underwritten by the defendant (and appellant), Endurance Corporate …
3/26/2020 · We reported last year on the case of Sartex Quilts & Textiles v Endurance Corporate Capital Ltd heard at first instance in the English High Court, which considered the correct measure of indemnity where an insured had failed to comply with its property policy’s reinstatement memorandum. On 5 March 2020, the Court of Appeal dismissed insurers’ appeal.
5/30/2019 · The decision is considered by Miles Harris of 4 New Square in this blog post titled Indemnification on the Reinstatement Basis: Sartex Quilts & Textiles Limited v Endurance Corporate Capital Limited [2019] EWHC 1103 on 4 New Square’s Insurance Blog InsuranceLaw.London.
The Court of Appeal has rejected the insurer’s appeal in the fire damage claim of Endurance Corporate Capital Ltd v Sartex Quilts & Textiles Ltd [2020] which concerned issues relating to the reinstatement basis of indemnity for property losses; whether there had to …
