MIDLAND MAINLINE LTD v EAGLE STAR INSURANCE CO LTD
[2004] Lloyd's Rep IR 739
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.