Sky v. Riverstone and What it Means for the Builders Risk Market

In this webinar, Chris Ives of Fenchurch Law and Jeremiah Welch of Saxe Doernberger & Vita, P.C. will be discussing the recent UK Court of Appeal decision in Sky UK Ltd and Mace Ltd vs Riverstone Managing Agency & Others and its commercial consequences within the UK, as well as the potential influence the case may have on the US legal landscape. The Court’s decision covers a number of issues relevant to contractors including:

• The recoverability of development/deterioration damage after the period of insurance
• Investigation/mitigation costs
• What constitutes “damage”
• Potential impact on claims and co-insurance.