An undertaking given on joining Lloyds is a sufficiently binding contract.
Citations:
Times 11-Jan-1994, [1995] CLC 117
Jurisdiction:
England and Wales
Citing:
Appealed to – 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. . .
Cited by:
Applied – Europhone International Ltd v Frontel Communications Ltd ChD 25-Jul-2001
Although the VAT regime required all commercial enterprises to issue VAT invoices in a timely way, that is not sufficient, of itself, to create an implied term into contracts between businesses, that invoices should be issued in a way which would . .
Lists of cited by and citing cases may be incomplete.
Insurance, Contract
Updated: 15 May 2022; Ref: scu.89375