KADOUH (Doing business as K & K TRADING CO) V LIBERIAN AMERICAN INSURANCE CORPORATIONST PAUL REINSURANCE MANAGEMENT CORPORATION THE GENERAL INSURANCE COMPANY OF TRIESTE AND VENICE

(1992) 1 Re LR 290

United States Supreme Court New York County

Before Judge Burton S Sherman

Cut through - Cause of action - Representation - Reinsurance policy attached to main policy - Policy holder’s claim against reinsurer - Whether “cut through” clause implicit in reinsurance cover note - Payment by insurer “condition precedent” to liability of reinsurer - Effect of representation made by insurer.

Jurisdiction - Claim by Liberian policyholder against reinsurers under reinsurance contract executed in

New York - Whether Liberian law or New York law applicable.