Den Danske Bank A/S and Others v The Skipton Building Society and Others: ComC 19 Dec 1997

ComC Insurance – Mortgage guarantee insurance – condition as to compliance with lending criteria – consequences of failure to comply. Master Mortgage guarantee insurance policy – whether term warranty descriptive of the risk or condition precedent or other term. Recovery of claims paid – mistake.
Obligation to sue negligent professionals Contract – Penalty clause Contributory negligence- applicability of Law Reform Act 1945 to claim for breach of contractual duty of care. Negligence – Securitisation – title of banks buying bonus to sue agent who effected the loans for transfer.

Judges:

Thomas J

Citations:

[1998] 1 EGLR 140

Jurisdiction:

England and Wales

Insurance, Contract

Updated: 13 May 2022; Ref: scu.220833