MERRILL LYNCH INTERNATIONAL BANK LTD v WINTERTHUR SWISS INSURANCE CO

[2007] Lloyd's Rep IR 532

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mrs Justice Gloster

Insurance (credit indemnity) - Policy taken out to cover bankruptcy and default risks - Whether events falling within terms of cover - Whether due notice given to insurers - Whether sum payable by insurers was to be reduced by actual payment later made by debtor - Date of running of interest - Supreme Court Act 1981, section 35A.