Harbour has provided initial funding for Mishcon de Reya to look into the claims of the HAG (Hiscox Action Group).
The HAG is a collective of Hiscox clients whose coronavirus-related business interruptions claims were rejected. The group now consists of hundreds of policyholders.
Harbour’s initial funding will pay for Mishcon de Reya to review the policy claims of the HAG. If that review results in enough good claims to support a case, then Harbour would look to commit sufficient funds to take the case through to trial.
Stephen O’Dowd, Senior Director of Litigation Funding commented “It is fantastic to be working alongside Mishcon de Reya again, on an issue where seeking legal redress seems to be the only option remaining for hundreds of small businesses across the UK.”
To read more about the claim, click here.
Harbour Litigation Funding Limited (“Harbour") - Reg. No 06426478 - is authorised and regulated by the Financial Conduct Authority and acts as the sole investment sub adviser to Harbour Litigation Investment Fund, L.P., Harbour Fund II, L.P., Harbour Fund III, L.P. and Harbour Fund IV, L.P. (the "Harbour Funds”).