Hugh James acted for successful clients in this landmark test case relating to ‘Salon Gold’ insurance policy.
The collective Arbitration proceedings concerned over 300 claims worth more than £7.5M for business interruption losses due Government imposed nationwide lockdowns during the Covid-19 pandemic.
Hugh James was instructed by twenty-four hair and beauty salons each of which had their claims for business interruption losses rejected by Canopius Managing Agents Limited t/a Salon Gold.
The Arbitrator, Sir Richard Aikens, has handed down a final binding award finding emphatically in favour of all thirteen Salon Gold test cases. The award paves the way for hair and beauty salon owners across England & Wales who suffered devastating losses when forced to close during the COVID-19 pandemic due to the national lockdowns to finally be compensated.
The award comes following a 4-day arbitration hearing in September 2023 held in London. Hugh James joined forces with RLK Solicitors, working closely together to advance legal arguments on behalf of the policyholders.
It is now hoped policy claims can be quickly assessed to help ease the financial burden the businesses have endured since March 2020.
Rhodri Stafford, owner of Rodyssey Hair Design commented:
“The compensation that I receive will be a huge help. I still owe Covid-19 related debts which I have had to balance with continuing to run my salon, pay for rent and overheads. I am absolutely thrilled with this success as I know my business will be secure and I can finally move on from the pandemic and pursue my passion.”