MIDLAND MAINLINE LTD. v EAGLE STAR INSURANCE CO. LTD.
[2004] 2 Lloyd's Rep. 604
COURT OF APPEAL
Before Lord Justice Brooke, Lord Justice Jacob and Sir Martin Nourse
Insurance (business interruption) - Hatfield rail crash - Parts of railway network subject to gauge corner cracking subjected to emergency speed restrictions by Railtrack - Train operators suffering losses - Policy excluding coverage for wear and tear - Causation - Whether wear and tear a proximate cause of the loss - Whether wear and tear exclusion applied to business interruption extension under policy.