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LLR: Insurance & Reinsurance

BATH IRON WORKS CORPORATION V CERTAIN MEMBER COMPANIES OF INSTITUTE OF LONDON UNDERWRITERS ET AL

(1995) 4 Re LR 134

United States District Court District of Maine

Before Chief Judge Gene Carter

Lloyd’s - United States - Federal courts’ jurisdiction - “Complete diversity” - “Real parties in interest” - Whether, in US litigation involving Lloyd’s underwriters, only real parties-in-interest were active underwriters - Whether Names were merely “nominal or formal” parties in litigation - Whether “control” a dispositive issue in determining who, among parties, was real party-in-interest - Whether relationship between active and non-active underwriters was that of trustee and beneficiary.

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