It was arguable that a central insolvency fund created to manage the Lloyd’s liabilities distorted competition, and was therefore unenforceable. The court refused to make a preliminary ruling on the applicability of article 85 of the EC Treaty.
Citations:
Times 16-Nov-1994, Independent 11-Nov-1994
Statutes:
Jurisdiction:
England and Wales
Citing:
Appeal from – Society of Lloyd’s v Clementson and Another CA 11-Nov-1994
It was arguable that a central insolvency fund created to manage the Lloyd’s liabilities distorted competition, and was therefore unenforceable. The court refused to make a preliminary ruling on the applicability of article 85 of the EC Treaty. . .
Referred to – Society of Lloyd’s v Clementson ECJ 29-Nov-1995
Lloyds Name is a separate undertaking and Lloyds’ is an association of undertakings. . .
Cited by:
Appealed to – Society of Lloyds v Clementson, Same v Mason ComC 11-Jan-1994
An undertaking given on joining Lloyds is a sufficiently binding contract. . .
Appeal from – Society of Lloyd’s v Clementson and Another CA 11-Nov-1994
It was arguable that a central insolvency fund created to manage the Lloyd’s liabilities distorted competition, and was therefore unenforceable. The court refused to make a preliminary ruling on the applicability of article 85 of the EC Treaty. . .
Reference from – Society of Lloyd’s v Clementson ECJ 29-Nov-1995
Lloyds Name is a separate undertaking and Lloyds’ is an association of undertakings. . .
Lists of cited by and citing cases may be incomplete.
European, Insurance
Updated: 15 May 2022; Ref: scu.89374