Four Key Takeaways from FSN Capital’s Recent €50 Million Warranty & Indemnity Insurance Claim

A consortium of 12 insurance underwriters led by Liberty GTS recently paid a €50 million claim under a warranty and indemnity liability (W&I) insurance policy issued in connection with FSN Capital’s acquisition of Gram Equipment. A few key points about W&I policies and claims in general can be derived from publicly available information about this claim,* and we briefly describe these points below.

Read the full Legal Update here.

Mayer Brown’s partners Joe Castelluccio and Beccy Bothamley and associate Jennifer M. Miller highlight areas of interest in this Legal Update.

* Mayer Brown did not play a role in underwriting the W&I policy or in the related transaction or claim/dispute.

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