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LLR: Insurance & Reinsurance Plus

UNDERWRITING MEMBERS OF LLOYD’S SYNDICATE 980 v SINCO SA

[2008] Lloyd's Rep IR Plus 44

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Beatson

Insurance – Binding authority – Conflict of laws – Binding authority given to Greek brokers and containing exclusive arbitration clause – Proceedings commenced in England by underwriters but not served – Proceedings commenced by brokers in Greece – New claim for breach of jurisdiction clause added to original English action – Whether new claim should be stayed – Brussels Regulation, Council Regulation 44/2001, articles 27 and 30.

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