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Results: 1-10 of 54

Surprise decision of the Scottish Outer House of the Court of Session casts doubt on ability of insurers to obtain sanction for solvent schemes of arrangement

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • September 15 2009

The decision in Re Scottish Lion Insurance Company Limited 2009 CSOH 127 concerned a preliminary hearing on two specific issues relating to the sanction of a solvent scheme of arrangement proposed by Scottish Lion Insurance Company Limited

Arbitration clause covers disputes about future claims

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • October 14 2009

In Secretary of State for Transport v Stagecoach South Western Trains Ltd 2009 EWHC 2431, the High Court decided that a dispute over the method of calculation of future payments under a franchise agreement came within the relevant arbitration clause

English court rules that it has jurisdiction to hear reinsurance claim between a Bermudian insurer and a Swiss reinsurer

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • October 19 2009

In Gard Marine & Energy Ltd (A company incorporated under the laws of Bermuda) v (1) Lloyd Tunnicliffe (2) Glacier Reinsurance AG (A company incorporated under the laws of Switzerland) (3) Agnew Higgins Pickering & Co Ltd 2009 EWHC 2388 (Comm), the English Commercial Court was asked to consider whether the dispute between Gard and Glacier Re should be heard by the English courts

LMX spiral claims - key judgment imminent

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • October 16 2009

Judgment in the case of Equitas v R&Q Reinsurance (Brandywine) is expected to be handed down later this month

Insurance business transfer approved by court as not improper or unfair to policyholders

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • October 30 2009

On 16 October 2009, Mr Justice Norris released his reasoning for sanctioning the transfer of the long-term insurance business of Commercial Union Life Assurance Company Limited (Commercial Union), CGNU Life Assurance Limited (CGNU) and Norwich Union Life (RBS) Limited (Norwich Union) to Aviva Life & Pensions UK Limited (Aviva) under Part VII of the Financial Services and Markets Act 2000 (FSMA

High Court refuses to give insurer access to a firm's intervention documents held by the Law Society

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 5 2009

Insurers of solicitors' firms that have been intervened by the Law Society are not entitled to search through all the Law Society's documents for evidence that would enable them to refuse an indemnity, the High Court has ruled

Court refuses to imply concept of dominant purpose into insurance policy wording

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 5 2009

In Wickham Van Eyck (a firm) v Norwich Union Insurance Limited 2009 EWCH 2625 (Comm), the High Court held that the defendant insurer was bound to indemnify the claimant firm of architects under the terms of an insurance policy in respect of a dispute between the claimant and another firm of architects

LMX spiral claims - landmark decision

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 12 2009

The much anticipated judgment in Equitas v R&Q Reinsurance (Brandywine) was handed down yesterday in the English Commercial Court

Brokers' duties

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 9 2009

In Dunlop Haywards (DHL) Ltd and Others v Barbon Insurance Group Ltd and Others 2009 EWHC 2900 (Comm), the claimant companies brought an action against the defendant insurance broker, in contract and in tort, for failing to exercise reasonable skill and care in obtaining the required excess insurance cover

House of Lords overturns Court of Appeal decision in Wasa v Lexington

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • July 31 2009

Yesterday the House of Lords delivered a unanimous judgment in the long running and often controversial case of Wasa v Lexington 2009 UKHL 40, overturning the decision of the Court of Appeal