PRIFTI (ON BEHALF OF LLOYD’S SYNDICATES MD 39312 AND M2 39312 AND OTHERS) v MUSINI SOCIEDAD ANONIMA DE SEGUROS Y REASEGUROS

[2004] Lloyd's Rep IR 528

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Andrew Smith

Reinsurance - Direct policy governed by Spanish law and containing exclusive jurisdiction clause - Reinsurance containing full reinsurance clause - Proceedings in Spain between assured and insurers - Reinsurers seeking declaration of non-liability in England - Whether jurisdiction clause incorporated into reinsurance agreement - Whether risk of irreconcilable judgments - Council Regulation 44/2001, articles 5, 23 and 28.