SONY Warehouse Fire Consequential Losses

Compensation claims of almost £75 million could be footed by the London Mayor’s Office after the Court of Appeal ruled businesses can claim for 'consequential losses' for property damaged during the 2011 riots. 

Sony warehouse burn for almost 10 days.

The claim was lodged following the destruction of a Sony warehouse in Enfield, United Kingdom. Total of 25 youths smashed into the unit, looted it and then threw two petrol bombs causing the building to burn for almost 10 days. It was an arson attack. Previously it was believed compensation payable by police under the Riot Act was limited to physical damages.According to Clive Coleman, the court presiding could affect other business on 11th August 2011 and those affected by any future riots. He says, when loss occur, it does not mean that business will receive every penny of their "consequential" business loss. For example, the business owner has invited rioters inside or does not have any equipment such as sprinkler system that can reduce the loss, that can be taken into account.

Other business that involve in this incident

Resources from : http://www.bbc.com/news/uk-27490928

http://www.londonlive.co.uk/news/mayor-boris-johnson-to-foot-75m-bill-for-london-riots-sony-warehouse-fire