AETNA REINSURANCE CO. (U.K.) LTD. v. CENTRAL REINSURANCE CORPORATION LTD.

[1996] LRLR 165

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Mr. Justice LONGMORE:

Reinsurance - Settlement of account - Inspection - Claim under series of reinsurance treaties - Reinsurers failed to pay for second half of 1992 accounts - Plaintiffs applied for O. 14 judgment - Defendants applied for inspection of reinsureds’ books - Whether O. 14 should not proceed until inspection complete - Whether defendants had arguable defence.