Society of Lloyd’s v D Leighs and Others; Society of Lloyd’s v D Wilkinson and Others (No. 2): ComC 23 Apr 1997

ComC Lloyd’s Litigation – Misrepresentation, fraudulent – Rescission, restitutio in integrum – Rescission, effect on third parties’ rights – Anti-set-off clauses, counterclaim for fraud – Pay now, sue later clauses, counterclaim for fraud – Lloyd’s, membership, rescission – Misrepresentation Act 1967, Section 3, meaning – Stay of Execution, contractually excluded

Judges:

Colman J

Citations:

[1997] CLC 1012, [1997] 6 Re L.R. 214

Statutes:

Misrepresentation Act 1967 3

Jurisdiction:

England and Wales

Citing:

See Also – Society of Lloyd’s v D Leighs and Others; Society of Lloyd’s v D Wilkinson and Others ComC 20-Feb-1997
ComC Lloyd’s Litigation – issues relating to recovery from names.
Held: A name at Lloyd’s grants a power of attorney to the underwriting agent to execute that power which is irrevocable. . .

Cited by:

Appeal from – Society of Lloyd’s v Leighs; Lyon and Wilkinson and Canadian Names Intervenors CA 31-Jul-1997
. .
Lists of cited by and citing cases may be incomplete.

Insurance

Updated: 30 April 2022; Ref: scu.220772