Offshore Energy Insurance - Meaning of "100%" and scaling for interest
07-Jul-2011 | Financial Institutions & Services
Gard Marine & Energy v. (1) Lloyd Tunnicliffe; (2) Glacier Re & Anor [2011]
Commercial Court, 30 June 2011
We have previously reported on this case in the context of a dispute about law and jurisdiction. Specifically, the second reinsurer, Glacier Re, being a company based in Switzerland, sought to challenge the jurisdiction of the English court, preferring to have the matter determined in Switzerland under Swiss law. They were unsuccessful in that attempt, and the dispute between the Claimant and Glacier Re was subsequently settled.
Lawyers Anthony Menzies, James Crabtree, Susannah Wakefield, Peter Kempe, Jonathan Rogers
