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LLR: Insurance & Reinsurance

IN RE A COMPANY (NO 0013734 OF 1991)

(1992) 1 Re LR 397

Chancery Division

Before Mr Roger Kaye QC Sitting as a deputy High Court judge

Insolvency - Reinsurance - Excess of ultimate net loss - Application to dismiss petition to wind-up company - Whether company had shown that petitioner’s claims were bona fide disputed on substantial grounds - Valuation pursuant to order of Bermudan court - Whether a “loss settlement”.

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