Stephen J. Ahern

Aug 26, 2024 | lexology.com | James Grennan |Stephen J. Ahern

On 31 July 2024, the High Court delivered a judgment in the matter of CBL Insurance Europe Designated Activity Company (CBL). The judgment dealt with a number of complex issues relating to the treatment of insurance contracts in a winding-up, including the admissibility of claims made after the winding-up order and the prioritisation of certain "insurance claims" under the Solvency II[1] framework.