FARADAY CAPITAL LTD v COPENHAGEN REINSURANCE CO LTD
[2006] Lloyd's Rep IR Plus 28
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice Aikens
Reinsurance – Defendants reinsuring claimants under
contract stated to be subject to same terms as original and to follow
settlements – Claims made against reinsured by assured settled under a full and
final settlement “without prejudice to or waiver of their respective positions”
– Whether reinsurers bound by settlement.