FBD paid Lemon & Duke €52,000 after inaccurate representation

The sum was made up of a premium refund of €27,000 and a further payment of €25,000, Commercial Court hears on last day of test case

23rd October, 2020
FBD paid Lemon & Duke €52,000 after inaccurate representation
Details of the payment emerged on the final day of the test case taken by four pub groups against FBD over the insurer’s non-payment of business interruption insurance claims. Picture: Getty

FBD paid a Dublin pub “substantial” compensation totalling €52,000 after accepting that it had made an inaccurate representation which the publican had relied upon in taking out cover with the insurer.

Paul Shanahan, a sales executive at FBD, made a representation to Noel Anderson, co-owner of Lemon & Duke, on March 2 prior to the publican taking out cover against losses arising from Covid-19, the Commercial Court heard.

Shanahan told Anderson via email that...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Irish Gold Bullion boss fails to block wind-up of company after death threat claims

Legal Eva Short 19 hours ago

Barristers earn a ‘ridiculous’ €25 a day to appear at court

Legal Rosanna Cooney 1 day ago

Pension trustee firm pursues Europa’s Baillie over €4.5m in lost investments

Legal Róisín Burke 3 days ago

US investors claim that food firm Strong Roots will ‘run out of cash’ by next year

Legal Rosanna Cooney 3 days ago