Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

BANQUE KEYSER ULLMANN S.A. AND OTHERS v. SKANDIA (UK) INSURANCE CO. LTD. AND OTHERS

[1986] 1 Lloyd's Rep. 336

COURT OF APPEAL

Before Lord Justice O'Connor, Lord Justice Parker and Sir George Waller

Practice - Privilege - Bank made loans to borrowers - Gemstones accompanied by professional valuations lodged with bank - Borrowers took out insurance policies to cover loan - Banks claimed under policies - Insurers alleged policies obtained by fraud - Whether correspondence between banks and their laywers privileged.

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