New York Arbitration
Nick Coffey was retained as expert witness by the claimant in a New York arbitration in relation to various insurance issues relating to damage to an offshore platform. The dispute arose largely due to a disagreement as to whether a loss occurred within a relevant policy period and/or was due to inherent vice. Nick provided expert testimony on several issues regarding policy interpretation and London insurance market practice. The arbitration panel found in favour of the claimant on all counts, who was successful in recovering its claimed amount.