Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

RUBY STEAMSHIP CORPORATION, LTD. v. JOHNSON & HIGGINS.

(1927) 28 Ll.L.Rep. 30

UNITED STATES CIRCUITCOURT OF APPEALS FORTHE SECOND CIRCUIT

Before Hough, Hand and Mack, C.JJ.

Insurance brokers-Policy taken out by American broker through English broker in London-Notice given to assured by American broker that policy would be cancelled unless premiums were paid in advance-Non-payment-Broker's lien on policy-Enforcement of lien in case of "no loss"-Revocation of customary 30-day credit-Right of American broker to cancel policy upheld.

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