outbreak and the government’s recent ban on gatherings of more than 1,000 people. In the event of a cancellation, however, the festival won’t be able to rely on an insurance claim.
The event, whose budget is reportedly in the €20-million range, is financed by French taxpayers and corporate sponsors. Organizers previously told they are monitoring the situation while pursuing the selection of movies in the run-up to their April 16 press conference. In the case of coronavirus, insurance companies have stopped making these options available to clients since the end of January, when the virus began grabbing headlines. It is believed, however, that Circle Group was willing to make an exception for theFor events which are not covered, such as the film festival, claiming a case of force majeure won’t suffice, even if the government requests a cancellation or gatherings ban, said a spokesperson for the French Federation of Insurance .
France’s restrictive insurance policies around disease-linked damages have come as a response to SARS in 2002 and MERS in 2012, said Alexandre Regniault, partner at international law firm Simmons & Simmons, who heads up the firm’s life sciences sector.
This is a lesson on planning in case of emergency. So they might have to go forward with it
I thought the festival wasn’t for another two months
Whoa!!!
If it means Woody Allen and Roman Polanski don't get a standing ovation this year, I'm fine with it.
because there was no insurance
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