SHELDON AND OTHERS V R H M OUTHWAITE (UNDERWRITING AGENCIES) LTD AND OTHERS

(1995) 4 Re LR 168

House of Lords

Before Lord Keith of Kinkel, Lord Browne-Wilkinson, Lord Mustill, Lord Lloyd of Berwick*, Lord Nicholls of Birkenhead.

Limitation - Time bar - Alleged deliberate concealment after cause of action arose - Claims by Lloyd’s Names on Outhwaite syndicates against managing agents and members’ agents - Claims based on acts allegedly done or not done in or before 1982 - Writ not issued until April 1992 - Whether claims defeated by six-year limitation period in Limitation Act 1980 - Whether plaintiffs could show that running of limitation period had been postponed under section 32(1)(b) because of alleged acts and omissions said to constitute deliberate concealment.