i-law

LLR: Insurance & Reinsurance Plus

FEDERAL-MOGUL ASBESTOS PERSONAL INJURY TRUST v FEDERAL-MOGUL LTD AND OTHERS

[2014] Lloyd's Rep IR Plus 32

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Eder

Reinsurance - Duty of reinsurers under policy to act in a businesslike fashion in the spirit of good faith and fair dealing - Whether claimants against the assured could seek declaratory relief as to the obligations of the reinsurers - Meaning of reinsurers' duty.

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