The Cannes Jewelry Heist: A Narrative.

Lost amidst the summer holidays was detailed narrative reporting on this past July’s $136,000,000 diamond and jewelry theft at the Intercontinental Carlton Hotel in Cannes, France. In the robbery, a thief hidden by a bandana and motorcycle helmet and armed with a gun managed to take the Leview diamonds and other stones and jewelry and disappear.

In this interesting article from The Atlantic, the details of the robbery, its potential causes and the likely culprits (perhaps the Pink Panthers (on whom we have previously reported) are discussed.

One thing is certain – given the size of the insurance claim being presented to the London market, there will no doubt be much discussion on the adequacy of the pre-show surveys and whether the Policy’s warranties were heeded.

For more information about this post, please contact Bob Cosgrove at rcosgrove@wcmlaw.com.