The court emphasised ‘the great and fundamentally important separation’ between bankers and re-insurers.
Judges:
Sir John Donaldson MR
Citations:
[1984] 1 WLR 392, [1984] 1 Lloyds Rep 251
Jurisdiction:
England and Wales
Cited by:
Cited – Manx Electricity Authority v J P Morgan Chase Bank CA 3-Oct-2003
The claimant sought to appeal an order striking out its claim against the defendant under a performance bond. The defendant denied that the demand was valid, saying it did not allege a current breach of the contract.
Held: The point upon which . .
Cited – Sirius International Insurance Company (Publ) v FAI General Insurance Limited and others HL 2-Dec-2004
The appellant had taken certain insurance risks on behalf of the respondents, subject to banking indemnities. Disputes arose and were settled under a Tomlin order, which was now itself subject to challenge.
Held: The appeal was allowed. The . .
Lists of cited by and citing cases may be incomplete.
Banking, Insurance
Updated: 12 April 2022; Ref: scu.186575
