Chhavie Kapoor and Catherine Rolfe of our Property Litigation Group are joined by Richard Lowe of SPF Insurance Services to talk about the recent changes in the rights of light insurance market and where it is likely to head in the future.
Rights of light disputes pose a huge threat to developers and funders in the real estate industry. While most disputes are settled by negotiations before proceedings are issued, the sums involved are often substantial.
In this podcast, Chhavie, Catherine and Richard discuss the different rights of light strategies that developers can adopt in relation to insurance, the associated policies and the nuances of what they cover.