No Insurance Cover in the Case of Fraudulent Misrepresentation as to Cause of Damage
GRP Rainer Lawyers Tax Advisors, Cologne, Berlin, Bonn, Bremen, Düsseldorf, Essen, Frankfurt, Hamburg, Hanover, Munich, Nuremberg, Stuttgart and London www.grprainer.com/en explain: In its legally binding judgment of June 6, 2013 (Az.: 12 U 204/12), the Karlsruhe Higher Regional Court (OLG) ruled that an insured party shall not benefit from any insurance coverage if it fraudulently misrepresents the relevant circumstances. According to the OLG, this is the case even if the actual circumstances would be covered by the insurance coverage.
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