DISPUTE RESOLUTION TEAM WINS A CASE IN THE FIELD OF INSURANCE
PRIMUS Dispute Resolution team was contacted by a company that was denied compensation by one of the largest insurance companies operating in Lithuania, because it did not recognise the event as insurable. The client (the policy holder) suffered damage as a result of a fire in premises belonging to him, which damaged production equipment installed there, which was not yet handed over to the client.
The civil case concerned the question of whether standard third-party liability insurance covers the client’s liability for damage caused to equipment, which is not owned by the client, but which was present on the premises at the time of the fire and which is being installed under a separate contract.
Despite the fact, that the proceedings lasted for years, the lawyers of PRIMUS Dispute Resolution team were finally able to reach a decision that was in the best interest of the client.
Team for this case:
Partner, Attorney at Law
Head of Dispute Resolution