Headwinds for Axa France. The Paris Commercial Court ruled in reference to a Parisian restaurateur who had summoned the insurer following his refusal to compensate the operating losses of one of his establishments. Stéphane Manigold, head of the Eclore group, believed that the insurer was evading its contractual obligations concerning its establishment Le Bistrot d’à côté Flaubert, located in the 17th arrondissement of Paris, one of the four restaurants he runs with La Maison Rostang, Substance et Contraste.

The restaurateur denounced “the explosive allegation of Axa France which maintains” that the government order of March 14 announcing that establishments like restaurants could no longer accommodate the public, “does not constitute a decision of + administrative closure +”. Friday, in a summary judgment, the court ruled in favor of Stéphane Manigold, he announced during a press conference. “Today is a great moment for all the big and small bosses who are suffering, who gave me the energy to fight. Axa put in disproportionate means to annihilate us. We faced a multinational, and we won, “said, tears in his voice, Mr. Manigold.

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Axa had affirmed that its contracts did not envisage taking in charge a “loss of exploitation at the time of decisions by ministerial decrees consisting in prohibiting in a general way the access to the public to certain establishments to fight against the propagation of a virus”. “The court gave us two and a half months on our gross margin. If the judgment is final, but Axa will undoubtedly appeal, I want to reimburse the state,” he said.

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For several weeks, a showdown has opposed hotel-restaurateurs and insurers, the latter mainly opposing a

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