- Home/Publications/Lloyd's Law Reports
BANGLADESH EXPORT IMPORT CO. LTD. v. SUCDEN KERRY S.A.
Sale of goods (c. & f.) - Non-acceptance - Frustration - Import of sugar into Bangladesh controlled by government system of import licences - Government revoked licences - Whether contract imposed obligation on buyers to import sugar into Bangladesh - Whether buyers could rely on revocation of licence as a frustrating event - Whether assessment of damages proper.
[1995] 2 Lloyd's Rep 1
MICHAEL LEY AND OTHERS v. CHRISTIAN DELAISSÉ (THE “YOLAINE”)
Salvage - Award - Quantum - Defendant’s vessel in difficulties off Porlock Weir - Plaintiffs rendered salvage assistance - Salved value of vessel - Amount of award salvors entitled to.
[1995] 2 Lloyd's Rep 7
QINGDAO OCEAN SHIPPING CO. v. GRACE SHIPPING ESTABLISHMENT TRANSATLANTIC SCHIFFAHRTSKONTOR G.m.b.H. KLAUS ODE AND HEATH CHARTERING (UK) LTD. (THE “XING SU HAI”)
Charter-party (Time) - Hire - Non-payment - Jurisdiction - Vessel sub-chartered - Owners claimed against charterers, charterers’ agents and owner of charterers’ agent and charterers for non-payment of hire - Whether right to contest jurisdiction waived - Whether Brussels Convention applicable - Whether owners’ claims within R.S.C., O. 11, r. 1(1)(b), (c), (d)(iii), (m) - Civil Jurisdiction and Judgments Act, 1982, ss. 24, 25, Schedule arts. 1(4), 2, 6(1).
[1995] 2 Lloyd's Rep 15
JAMES LAZENBY AND CO. v. McNICHOLAS CONSTRUCTION CO. LTD.
Arbitration - Award - S. 13A - Delay in prosecution of arbitration proceedings - Arbitrator struck out claim pursuant to s. 13 - Limitation period of claim not yet expired - Whether contrary to principle to strike out claim - Whether exceptional facts entitled arbitrator to strike out claim - Arbitration Act, 1950, s. 13A.
[1995] 2 Lloyd's Rep 30
SEMCO SALVAGE & MARINE PTE LTD. v. LANCER NAVIGATION CO. LTD. LANCER NAVIGATION CO. LTD. v. SEMCO SALVAGE & MARINE PTE LTD. (THE “NAGASAKI SPIRIT”)
Salvage - Remuneration - Special compensation - Salvage services rendered to vessel - Meaning of “fair rate” - Period for which salvors entitled to special compensation - Whether award should be set aside - Whether award on costs of the arbitration open to challenge - International Salvage Conventions 1989, arts. 13 and 14.
[1995] 2 Lloyd's Rep 44
EGON OLDENDORFF v. LIBERA CORPORATION
Conflict of laws - Proper law - Jurisdiction - Agreement for charter of two new buildings subject to conditions - Issue as to whether conditions waived or satisfied - Plaintiffs claimed defendants in repudiatory breach - Whether agreement governed by English law - Whether London arbitration clause validly incorporated - Whether English Courts more appropriate forum - Rome Convention - Contracts (Applicable Law) Act, 1990.
[1995] 2 Lloyd's Rep 64
NEDERLANDSE REASSURANTIE GROEP HOLDING N.V. v. BACON & WOODROW, ERNST & YOUNG AND SWISS BANK CORPORATION
Practice - Disclosure - Legal professional privilege - Plaintiffs purchased share capital in three insurance companies - Plaintiffs alleged negligence in advice given by financial advisers - Second defendants applied for disclosure of documents between plaintiffs and legal advisers - Whether documents privileged - Whether waiver of privilege.
[1995] 2 Lloyd's Rep 77
SVENSKA HANDELSBANKEN v. SUN ALLIANCE AND LONDON INSURANCE PLC
Practice - Discovery - Privilege - Claim under commercial mortgage indemnity insurance - Insurers denied liability alleging non-disclosure, misrepresentation and breach of warranty - Communications from insurers to reinsurers of legal advice provided to insurers - Whether such documents privileged.
[1995] 2 Lloyd's Rep 84
TOOMEY AND OTHERS v. EAGLE STAR INSURANCE CO. LTD. (No. 2)
Reinsurance - Non-disclosure - Misrepresentation - Order 14 proceedings - Clause in contract that contract neither cancellable nor voidable by either party - Defendants alleged non-disclosure and misrepresentation - Whether defendants entitled to avoid contracts - Whether plaintiffs entitled to summary judgment.
[1995] 2 Lloyd's Rep 88
PAGE v. SMITH
Negligence - Personal injury - Nervous shock - Plaintiff involved in motor accident caused by defendant’s negligence - Plaintiff suffered no bodily injury - Whether plaintiff’s psychiatric injury foreseeable - Whether plaintiff entitled to damages for nervous shock.
[1995] 2 Lloyd's Rep 95
ST. PAUL FIRE & MARINE INSURANCE CO. (UK) LTD. v. McCONNELL DOWELL CONSTRUCTORS LTD. AND OTHERS
Insurance (Contractors All Risks) - Non-disclosure - Misrepresentation - Serious subsidence damage caused to buildings - Insurers denied liability - Insurers alleged risk represented as one involving piled foundations - Buildings constructed with spread foundations - Whether misrepresentation and/or non-disclosure - Whether insurers entitled to avoid liability.
[1995] 2 Lloyd's Rep 116
VITOL S.A. v. NORELF LTD. (THE “SANTA CLARA”)
Sale of goods (c.i.f.) - Anticipatory breach - Acceptance - Buyers rejected cargo before loading completed - Neither party took any steps to perform contract - Whether sellers’ conduct amounted to acceptance of anticipatory breach.
[1995] 2 Lloyd's Rep 128
THE “SAVA STAR”
Salvage - Remuneration - Claim by cargo-owners - Carriage of cargo of fertilizer - Cargo began to decompose - Cargo-owners rendered salvage assistance - Cargo and vessel salved - Whether cargo-owners entitled to salvage remuneration.
[1995] 2 Lloyd's Rep 134
M.B. PYRAMID SOUND N.V. v. BRIESE SCHIFFAHRTS G.M.B.H. AND CO. K.G. M.S. “SINA” AND LATVIAN SHIPPING ASSOCIATION LTD. (THE “INES”)
Bill of lading - Misdelivery - Parties to contract - Whether owners or charterers contractual carriers - Goods delivered without presentation of original bills of lading - Whether defendants could rely on clauses in bill of lading - Whether Commercial Sea Port in St. Petersburg acted as agent of plaintiffs - Whether plaintiffs mitigated their loss - Measure of damages - Whether charterers in breach of contract - Whether charterers acted as bailees.
[1995] 2 Lloyd's Rep 144
OK PETROLEUM A.B. v. VITOL ENERGY S.A.
Sale of goods (c.i.f.) - Limitation of time - Incorporation - Plaintiffs sold quantities of oil to defendants - Vessels chartered to perform contracts - Vessels took longer to discharge cargo and plaintiffs claimed demurrage - Whether time bar provisions in charter incorporated into sales contracts - Whether plaintiffs’ claim time barred.
[1995] 2 Lloyd's Rep 160
STANDARD BANK LONDON LTD. v. THE BANK OF TOKYO LTD. SUDWESTDEUTSCHE LANDESBANK GIROZENTRALE v. THE BANK OF TOKYO LTD. AND STANDARD BANK LONDON LTD.
Banking - Letters of credit - Tested telexes - Fraudulent tested telexes sent to beneficiaries - Whether telexes sent with actual or apparent authority of sender - Whether beneficiaries entitled to rely on tested telexes as genuine - Whether underlying transaction should have been investigated - Whether conforming documents presented under letters of credit - Whether beneficiaries entitled to damages.
[1995] 2 Lloyd's Rep 169
ATLAS SHIPPING AGENCY (UK) LTD. AND UNITED SHIPPING SERVICES LTD. v. SUISSE ATLANTIQUE SOCIÉTÉ D’ARMEMENT MARITIME S.A. LABUK BAY SHIPPING INC. AND ULUGAN BAY SHIPPING INC.
Agency - Commission - Jurisdiction - Sale of ship - Brokers sought to recover commission earned in connection with sale of two vessels to buyers - Buyers domiciled in Switzerland - Whether brokers could bring action in England on the basis that they were suing in matters relating to a contract - Brussels Convention, art. 5(1) - Civil Jurisdiction and Judgments Act, 1982.
[1995] 2 Lloyd's Rep 188
SHELDON AND OTHERS v. R. H. M. OUTHWAITE (UNDERWRITING AGENCIES) LTD. AND OTHERS
Negligence - Limitation of time - Allegations of deliberate concealment - Names claimed against members’ agents for alleged breach of contract, breach of fiduciary duty and negligence - Cause of action occurred in or before 1982 - Whether Names’ action time barred - Names alleged deliberate concealment so that facts not discovered until a time less than six years prior to issue of writ - Whether Names could rely on s. 32 of the Limitation Act, 1980 - Whether application to strike out should be granted.
[1995] 2 Lloyd's Rep 197
ANTWERP UNITED DIAMONDS BVBA AND THE EXCESS INSURANCE CO. LTD. v. AIR EUROPE
Carriage by air - Limitation of liability - Loss of consignment of diamonds - Consignee made special declaration of interest in delivery at destination - Declared sum a fraction of actual value of diamonds - Plaintiffs alleged loss caused by act or omission of carrier - Whether plaintiffs entitled to recover actual loss - Warsaw Convention arts. 22, 25.
[1995] 2 Lloyd's Rep 224
THE “LOK VIVEK” AND “COMMON VENTURE”
Collision - Crossing vessels - Reciprocal courses - Collision in Gulf of Thailand - Whether vessels crossing or on reciprocal courses - Whether sole cause of collision failure to give way or alteration of course to starboard - Liability for collision - Apportionment.
[1995] 2 Lloyd's Rep 230
THE “SURF CITY”
Insurance (Marine) - Subrogation - Waiver - Vessel carrying cargo of naptha exploded - Cargo insurers paid cargo owners’ liability under salvage agreement and for loss of cargo - Under insurance insurer waived rights of subrogation against subsidiary or affiliate - Whether waiver extended to c.i.f. buyer - Whether insurers could recover moneys paid from defendants.
[1995] 2 Lloyd's Rep 242
SCHELDE DELTA SHIPPING B.V. v. ASTARTE SHIPPING LTD. (THE “PAMELA”)
Charter-party (Time) - Hire - Anti-technicality clause - Validity - Non-receipt of hire - Owners gave notice of withdrawal out of business hours - Whether notice “received” by charterers at moment it was recorded on their telex machine or only at or shortly after the opening of their office on the next business day - Whether notice valid.
[1995] 2 Lloyd's Rep 249
FROTA OCEANICA BRASILIERA S.A. AND ANOTHER v. STEAMSHIP MUTUAL UNDERWRITING ASSOCIATION (BERMUDA) LTD. (THE “FROTANORTE”)
Arbitration - Arbitrator - Appointment - Collision between plaintiffs’ vessel and another - P. & I. Club insured plaintiffs’ vessel for one fourth of collision liability - Running down clause - Claim against club - Whether parties agreed to arbitrate - Allegations of inordinate and inexcusable delay in prosecuting arbitration - Whether application to appoint arbitrator should be granted.
[1995] 2 Lloyd's Rep 254
CHRISTIAN ANDERSON AND OTHERS v. ATTORNEY GENERAL OF NEW ZEALAND AND OTHERS (THE “DANICA BROWN”)
General average - Due diligence - Claim for contribution - Vessel carrying defendants’ cargo broke down off Canada and required to be salved - Breakdown resulted from failure of an aft thrust roller bearing in the coupling box clutch assembly - Whether exercise of due diligence would have prevented failure of bearing - Whether plaintiffs entitled to claim general average contribution from defendants.
[1995] 2 Lloyd's Rep 264
UNITED CARRIERS LTD. v. HERITAGE FOOD GROUP (UK) LTD.
Carriage by road - Set-off - Freight charges - Plaintiffs claimed carriage charges for effecting delivery of Christmas hampers - Defendants sought to set off cross-claims against plaintiffs’ claims - Whether rule that there can be no deduction by way of set-off from freight charges applicable to domestic carriage by land.
[1995] 2 Lloyd's Rep 269
WINTER v. IRISH LIFE ASSURANCE PLC AND ANOTHER
Insurance (Joint Life) - Avoidance - Alleged non-disclosure - Plaintiff and fiancée both suffering from cystic fibrosis - Not disclosed on proposal form but all relevant information given to brokers - Whether insurers had actual or constructive knowledge that plaintiffs victims of cystic fibrosis - Whether broker agents of insurers or insured - Whether insurers entitled to avoid policy.
[1995] 2 Lloyd's Rep 274
INTERATLANTIC (NAMIBIA) (PTY.) LTD. v. OKEANSKI RIBOLOV LTD. (THE “AFALA”)
Admiralty practice - Arrest of vessel - Recall of arrestment - Pursuers arrested defenders’ vessel at Lerwick for non-payment of agency dues - Pursuers arrested second vessel at Ullapool - Whether defenders owners of second vessel - Whether pursuers entitled to arrest second vessel - Whether arrestment should be recalled.
[1995] 2 Lloyd's Rep 286
NELSON PINE INDUSTRIES LTD. v. SEATRANS NEW ZEALAND LTD. (THE “PEMBROKE”)
Carriage by sea - Damage to cargo - Hague-Visby Rules - Carriage of MDF plant machinery - Whether carrier obliged to carry goods below deck - Whether damage to goods caused by carriers’ breach - Whether Hague-Visby Rules limitation provisions applicable - Whether stowage on deck reckless.
[1995] 2 Lloyd's Rep 290
MARC RICH & CO. A.G. AND OTHERS v. BISHOP ROCK MARINE CO. LTD. BETHMARINE CO. LTD. AND NIPPON KAIJI KYOKAI (THE “NICHOLAS H”)
Negligence - Duty of care - Classification society - Vessel developed cracks in hull - Classification society surveyor recommended vessel continue on voyage to discharge port - Total loss of vessel and cargo - Cargo-owners claimed against classification society - Whether classification society owed duty of care to cargo-owners.
Cargo - Classification society - Vessel developed cracks in hull - Surveyor recommended vessel continue to discharge port - Total loss of vessel and cargo - Whether classification society owed duty of care to cargo-owners.
[1995] 2 Lloyd's Rep 299
KUWAIT AIRWAYS CORPORATION v. IRAQI AIRWAYS COMPANY AND REPUBLIC OF IRAQ
Conflict of laws - Sovereign immunity - Jurisdiction - Invasion of Kuwait by Iraq - Defendants instructed to bring Kuwaiti fleet to Iraq - Whether defendants immune from jurisdiction of English Courts - Whether immunity lost by submitting to jurisdiction - State Immunity Act, 1978 ss. 2, 14(2) - R.S.C., O. 65, r. 3(1).
[1995] 2 Lloyd's Rep 317
THE “AL TABITH” AND “ALANFUSHI”
Admiralty practice - Writ - Application for extension of time - Collision between plaintiffs’ vessel and defendants’ vessel - Negotiations between P. and I. Clubs - Plaintiffs obtained extension of six months -Writ issued out of time - Whether application for further extension of time should be granted.
[1995] 2 Lloyd's Rep 336
INTERNATIONAL FINA SERVICES A.G. v. KATRINA SHIPPING LTD. AND TONEN TANKER KABUSHIKI KAISHA (THE “FINA SAMCO”)
Charter-party (Time) - Duty to maintain clause - Indemnity - Off-hire - Eleven stoppages of discharge due to boiler trouble - Vessel ordered off berth due to deteriorating weather conditions - Seawater found to have entered boiler through crack in condenser - Whether owners failed to comply with duty to maintain obligation - Whether vessel off-hire - Whether charterers entitled to be indemnified for loss of time.
[1995] 2 Lloyd's Rep 344
ASTILLEROS ESPAÑOLES S.A. AND BANCO EXTERIOR DE ESPAÑA S.A. v. BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION
Banking - Letter of guarantee - Construction - Shipbuilding contract - Default in payment of instalments - Defendants made payments - Whether payments discharged defendants’ liability under guarantee.
[1995] 2 Lloyd's Rep 352
STANDARD CHARTERED BANK v. PAKISTAN NATIONAL SHIPPING CORPORATION AND OTHERS
Bill of lading - Summary judgment - Stay of action - Allegation of fraudulent misrepresentation - Bill of lading antedated - Whether defendants intended that bill of lading would be used to deceive banks - Whether plaintiffs entitled to summary judgment - Whether action should be tried in Pakistan - Whether action should be stayed.
[1995] 2 Lloyd's Rep 365
CEVAL ALIMENTOS S.A. v. AGRIMPEX TRADING CO. LTD.
Arbitration - Award - Leave to appeal - Sellers alleged that award on loss not supported by specific reason and obviously wrong - Whether sellers entitled to leave to appeal.
Arbitration - Award - Costs - Sellers ordered to pay legal costs - Whether GAFTA Arbitration Rules 125, par. 10 precluded any award on legal costs - Whether sellers entitled to leave to appeal.
Arbitration - Award - Discovery - Application to set aside or remit award for misconduct or error of law in the conduct of the arbitration - Buyers failed to disclose actual role with ultimate receiver and Board of Appeal refused to order any relevant disclosure - Whether award should be remitted or set aside.
[1995] 2 Lloyd's Rep 380
CRUDEN CONSTRUCTION LTD. v. COMMISSION FOR THE NEW TOWNS
Arbitration - Notice - Validity - Plaintiffs built houses for defendants - Defendants sold houses to Housing association - Housing association alleged defects in houses - Defendants served notice of arbitration on plaintiffs - Whether dispute or difference between plaintiffs and defendants - Whether arbitration notice valid.
[1995] 2 Lloyd's Rep 387
LOSINJSKA PLOVIDBA v. TRANSCO OVERSEAS LTD. AND OTHERS (THE “ORJULA”)
Carriage by sea - Negligence - Pure economic loss - Carriage of drums of hydrochloric acid and sodium hypochlorite in containers - Containers found to be leaking - Whether suppliers of the drums negligent in stowage of drums - Whether alleged contamination of vessel constituted damage - Whether plaintiff’s claim wholly or in part for economic loss - Whether claim should be struck out.
[1995] 2 Lloyd's Rep 395
NEDERLANDSE REASSURANTIE GROEP HOLDING N.V. v. BACON & WOODROW ERNST & YOUNG AND SWISS BANK CORPORATION (No. 2)
Practice - Procedure - Witness statement - Admissibility - Plaintiffs claimed damages for breach of duty in contract and tort in respect of purchase of reinsurance companies - Witness unable to recall some of the events described in his witness statement - Evidential status of witness statement - Whether admissible - R.S.C., O. 38, r. 21 - Civil Evidence Act, 1968.
[1995] 2 Lloyd's Rep 404
THE “LOOIERSGRACHT”
Admiralty practice - Arrest of vessel - Sistership - Damage to cargo - Plaintiff arrested vessel for damage to cargo and alleged damage to cargo carried on five other vessels - whether vessels sisterships - Federal Court Act, s. 43(8).
[1995] 2 Lloyd's Rep 411
MERCEDES-BENZ A.G. v. HERBERT HEINZ HORST LEIDUCK
Practice - Mareva injunction - Territorial jurisdiction - Dispute between German corporation and company resident in Hong Kong and defendant - German corporation brought civil proceedings in Monaco against defendant - German corporation applied to Courts of Hong Kong for Mareva injunction against defendant - Whether Hong Kong Courts had jurisdiction to grant Mareva injunction in aid of judgment being sought in foreign Court - Hong Kong R.S.C., O. 11, r. 1(1)(b),(m).
[1995] 2 Lloyd's Rep 417
COLONIAL MUTUAL GENERAL INSURANCE CO. LTD. v. ANZ BANKING GROUP (NEW ZEALAND) LTD.
Insurance (Fire) - Assignment - Mortgagee interest - Insured took out second mortgage - Condition of mortgage that property to be insured as required by mortgagees and mortgagees alone to have power to settle, compromise and recover claim against any insurance company - Property destroyed by fire - Whether policy assigned to mortgagees - Whether mortgagees could recover under policy.
[1995] 2 Lloyd's Rep 433
COX v. BANKSIDE MEMBERS AGENCY LTD.
Practice - Procedure - Lloyd’s litigation - Management - Errors and omissions insurance - Allocation of funds payable by E & O underwriters - Whether claimants should all be entitled to a share of funds available from E & O underwriters or whether those who first succeeded in establishing claims to have first call on funds - Application of Third Parties (Rights Against Insurers) Act, 1930 - Whether E & O policies or their proceeds subject to trust or other fiduciary obligation requiring rateable distribution of proceeds - Effect of management plan adopted in relation to Lloyd’s litigation.
Insurance (Errors and Omissions) - Implied indemnity - Lloyd’s litigation - Whether agent entitled to be indemnified by E & O underwriter against interest and costs incurred as a result of underwriters’ decision to contest case.
[1995] 2 Lloyd's Rep 437
BARROW v. BANKSIDE MEMBERS AGENCY LTD. AND BANKSIDE UNDERWRITING MANAGEMENT LTD.
Negligence - Breach of duty - Lloyd’s litigation - Application to strike out - Plaintiffs claimed damages from defendants for breach of duty as members’ agents - Plaintiffs party to Gooda Walker action against members’ agents - Whether defendants’ application to strike out on the ground that action vexatious and an abuse of process should be granted.
[1995] 2 Lloyd's Rep 472
O’CONNELL v. PEARL ASSURANCE PLC. AND OTHERS SAME v. EAGLE STAR INSURANCE CO. AND NORWICH UNION FIRE INSURANCE SOCIETY LTD.
Insurance (Bloodstock) - Indemnity - Value - Death of insured foal and mare - Insured claimed under policy - Allegations by insurers that mare strangled and abortion induced - Whether insurers had discharged burden of proof - Insurers to indemnify insured in respect of actual value - Whether mare and foal overinsured - Whether plaintiff’s claim fraudulent - Ownership of mare.
[1995] 2 Lloyd's Rep 479
THE LLOYD’S LITIGATION
[1995] 2 Lloyd's Rep 511
BROWN v. KMR SERVICES LTD. (formerly H.G. POLAND (AGENCIES) LTD.) SWORD-DANIELS v. PITEL AND OTHERS
Lloyd’s litigation - Portfolio selection - Duties of members’ agents - Breach - Inclusion in member’s portfolio of “high risk” syndicates - Whether members should have been specifically warned against joining such syndicates - Whether even if warned member would still have allocated part of premium income to high risk syndicate - Whether defendants could claim set-off - Whether recoverable damages should be limited to such losses as would reasonably be foreseen.
[1995] 2 Lloyd's Rep 513
HANJIN SHIPPING CO. LTD. v. ZENITH CHARTERING CORPORATION (THE “MERCEDES ENVOY”)
Charter-party (Time) - Non-performance - “fixed in good faith” - Negotiations for charter of vessel - Vessel suffered heavy weather damage - Defendants advised charterers vessel “fixed in good faith” - Meaning - Whether contract made between parties - Whether parties agreed disputes to be referred to arbitration.
[1995] 2 Lloyd's Rep 559
IGNAZIO MESSINA & CO. v. POLSKIE LINIE OCEANICZNE
Sale of ship - Contract - Breach - Plaintiffs alleged defendants agreed to sell vessels to plaintiffs - Vessels sold elsewhere - Plaintiffs subsequently bought vessels at higher price - Whether binding contract in existence - Whether defendants in breach of duty of confidence - Whether plaintiffs mitigated loss.
[1995] 2 Lloyd's Rep 566
STOCZNIA GDANSKA S.A. v. LATVIAN SHIPPING CO., LATREEFERS INC. AND OTHERS
Shipbuilding contract - Default in payment - Rescission - Shipbuilders to build six refrigerated cargo vessels - Payment in instalments - Notice given of keel laying for hulls 1 and 2 - Instalment not paid - Contract rescinded - Whether shipbuilders entitled to recover keel laying instalment.
[1995] 2 Lloyd's Rep 592
INDUSTRIE CHIMICHE ITALIA CENTRALE (Now CEREOL ITALIA SrL) AND CEREALFIN S.A. (Now CONTICOTTON S.A.) v. ALEXANDER G. TSAVLIRIS & SONS MARITIME CO. AND OTHERS
Practice - Procedure - Substitution of plaintiff - Claim by plaintiffs to be indemnified for payments made pursuant to salvage award - Plaintiffs merged with third party - Limitation period expired - Whether third party could be substituted for plaintiffs - Whether new party and new claim would be introduced - R.S.C., O. 15, r. 7.
[1995] 2 Lloyd's Rep 608
AIKEN v. STEWART WRIGHTSON MEMBERS AGENCY LTD.
Reinsurance - Aggregate excess loss - Misrepresentation and non-disclosure - Whether members’ agents owed duty of care in contract or in tort to Names in relation to placing of run-off insurance - Whether in breach of such duty - Whether if full disclosure run-off insurance would have been placed.
Negligence - Duty of care - Members’ agents - Whether members’ agents liable in respect of negligence of managing agents - Whether personal and non-delegable contractual duty.
Limitation of action - Period of limitation - Specialty contracts - Whether Names entitled to benefit of 12 year limitation period - Whether claims actions on specialties - Limitation Act, 1980, s. 8.
[1995] 2 Lloyd's Rep 618