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General counsel update September 2014

  • Herbert Smith Freehills LLP
  • -
  • Australia, China, European Union, Hong Kong, Russia, United Kingdom, USA
  • -
  • September 29 2014

The London Court of International Arbitration (LCIA) Court's new rules come into force on 1 October 2014 and are to apply to any arbitration

Business interruption access denied. Sorry for any inconvenience caused

  • RPC
  • -
  • Hong Kong, United Kingdom
  • -
  • September 26 2014

Picture the scene in the coming weeks; “waves” of protestors descend on Central, Hong Kong to set up camp as part of the “Occupy Central” movement

Underinsurance for BI losses: the latest instalment

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • September 26 2014

In Eurokey Recycling Limited v Giles Insurance Brokers Limited 2014 EWHC 2989 (Comm), the Commercial Court was presented with a broker negligence

Eurokey Recycling v Giles Insurance Brokers

  • Clyde & Co LLP
  • -
  • United Kingdom
  • -
  • September 23 2014

The claimant alleged that its broker had been negligent when placing business interruption (“BI”) cover for it. The claimant had reached a settlement

Brokers' duties Business Interruption

  • RPC
  • -
  • United Kingdom
  • -
  • September 23 2014

Whilst not exactly a reason for brokers to jump for joy, the recent case of Eurokey Recycling Limited v Giles Insurance Brokers Limited has at least

Brokers placing business interruption cover - lessons from the Commercial Court

  • Hill Dickinson LLP
  • -
  • United Kingdom
  • -
  • September 23 2014

Business interruption (BI) insurance can be complex. The role of brokers explaining and advising clients on BI cover came under scrutiny in this

Costs of rectification ordered directly against solicitor's insurers

  • Bond Dickinson LLP
  • -
  • United Kingdom
  • -
  • September 22 2014

The Supreme Court has given its judgment on the costs of Marley v Rawlings following the judgment given on 22 January 2014 (2014 UKSC 2

UK: Commercial Court clarifies brokers’ duties regarding business interruption insurance

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • September 19 2014

In Eurokey Recycling Ltd v Giles Insurance Brokers Ltd 2014 EWHC 2989 (Comm), Mr Justice Blair held that Giles Insurance Brokers Ltd (Giles) was

Supreme Court: insurers counting the costs of negligent will drafting

  • RPC
  • -
  • United Kingdom
  • -
  • September 19 2014

Insurers beware: where limited funds are available in an estate and there has been a dispute caused by solicitor negligence over a will then the

Eurokey Recycling v Giles has the tide turned for insurance brokers?

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • September 18 2014

Reported decisions on insurance brokers' negligence claims over the last couple of years have often gone against the broker and painted a bleak