Hackney Empire wins High Court battle

摘要

North London theatre the Hackney Empire has won its High Court battle with Aviva over the insurer's refusal to pay up on a £l.lm surety bond, writes Ian Withers.Hackney Empire took the insurer to court after contractor Sunley Turriff, which was carrying out an £11m refurbishment of the historic venue, went into administration. Mr Justice Edwards-Stuart rejected Aviva's main defence that payments made by Hackney Empire of £750,000 to the contractor to help with cashflow problems in the months before it failed had invalidated the bond.