Grace v Leslie and Godwin Financial Services Ltd: ComC 16 May 1995

Lloyds’ brokers are to keep contract slips as evidence of the policy whilst ever a possibility of a claim exists. A failure to do so can hamper the conduct of the litigation to the detriment of syndicate members, and the broker can be liable to them in contract and in negligence.

Judges:

Clarke J

Citations:

Ind Summary 12-Jun-1995, Times 16-May-1995, [1995] LRLR 472

Jurisdiction:

England and Wales

Cited by:

CitedGoshawk Dedicated Ltd and others v Tyser and Co Ltd and Another CA 7-Feb-2006
Lloyds underwiters sought inspection of the records of the Lloyd’s brokers.
Held: The documents must be made available at the cost of the underwriters. It was an implied obligation in a market where the brokers retained the records to make the . .
Lists of cited by and citing cases may be incomplete.

Insurance, Negligence, Contract

Updated: 08 April 2022; Ref: scu.80957