‘Pay now sue later’ clauses in agency contracts is not breach of EU treaty.
Citations:
Times 12-Jan-1996, Lloyd’s List January 10 1996, [1996] 2 Lloyd’s Rep 31, [1996] CLC 327, [1996] 3 CMLR 349, [1997] ECC 47, [1996] 5 Re LR 63
Jurisdiction:
England and Wales
Citing:
Appeal from – Marchant and Eliot Underwriting Ltd v Dr Higgins ComC 24-Oct-1995
cw European Union – competition – Lloyd’s – article 85(1) – RSC Order 14 – cash call on underwriters – unlawful attempt to enforce anti-competitive object of Central Fund – Agency Agreement Bye-law – standard . .
Cited by:
Appealed to – Marchant and Eliot Underwriting Ltd v Dr Higgins ComC 24-Oct-1995
cw European Union – competition – Lloyd’s – article 85(1) – RSC Order 14 – cash call on underwriters – unlawful attempt to enforce anti-competitive object of Central Fund – Agency Agreement Bye-law – standard . .
Lists of cited by and citing cases may be incomplete.
Insurance, European
Updated: 27 October 2022; Ref: scu.83402