Sphere drake v euro international
WebSphere Drake Insurance PLC sued Marine Towing, Inc. to stay litigation and compel arbitration of certain claims under a protection and indemnity policy. Defendant-Appellant Marine Towing, Inc. moved to dismiss for lack of jurisdiction. The district court denied Marine Towing's motion and ordered arbitration. Marine Towing appeals. WebMay 24, 2001 · In January 1997, Sphere Drake issued a binding authority to Horace Holman International Limited ("HHI"), which authorized HHI to accept direct insurance and …
Sphere drake v euro international
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WebSep 13, 2006 · In its motion, Sphere Drake asserts that the July 8, 2003 judgment rendered by the High Court of Justice in Sphere Drake Insurance Limited v. Euro International Underwriting Ltd., et al, Case No. 2000 Folio 249, 2003 WL 21729222 (Q.B. July 8, 2003) (the "English Judgment") should be given preclusive effect in this arbitration. WebJan 11, 2004 · Sphere Drake's cedents, mostly U.S. life insurers, were not party to the fraud litigation, but legal observers predicted that the London court's ruling would bolster the reinsurer's efforts to...
WebNov 7, 2000 · A broker called Euro International Underwriting ("EIU") wrote the reinsurance on Sphere Drake's behalf. EIU had actual authority to represent Sphere Drake, but only up … WebFor an example of express instructions contrary to the principal’s interest see Article 39, Illustration 4; cf. Article 39, Illustration 9. 95 See Sphere Drake Insurance Ltd v Euro International Underwriting [2003] EWHC 2376 (Comm); [2003] Lloyd’s Rep. I.R. 525 at [49]. 96 See commentary to Article 96; and Criterion Properties Plc v ...
WebNov 4, 1999 · DiMercurio then took his claim directly to Sphere Drake, demanding that the insurer pay the $350,000 judgment. Sphere Drake denied the demand and sought to invoke the arbitration process specified in the policy, which called for arbitration of all coverage disputes in London.
WebMay 17, 2002 · Plaintiff Sphere Drake Insurance Limited ("Sphere Drake") moves to confirm an arbitration award that invalidated six reinsurance contracts between Sphere Drake and Defendant All American Life Insurance Company ("All American"). All American filed a cross motion to vacate the arbitration decision, arguing that the circumstances reveal: (1 ...
WebJun 11, 2009 · Sphere Drake won the case and avoided liabilities totalling some $250mn. At the time of the case, Willis attempted to join the action as a defendant to assist brokers SCB, but were not allowed... honk osmolalityWebMay 5, 2009 · SPHERE DRAKE INS. PLC v. TRISKO, (D.Minn. 1998) United States District Court, D. Minnesota. If an ambiguity in the language of an insurance contract exists, then the court is obliged to construe the ambiguity against the insurer, and in favor of the insured. honk pillWebJul 1, 2003 · For Sphere Drake - now in run-off - the decision is a vindication of its decision to pursue Stirling Cooke Brown (SCB) and the London Market managing agency Euro International Underwriting... honk ottifantenWebJul 8, 2003 · Two UK subsidiaries of the Bermuda-based AlphaStar Insurance Group, formerly Stirling Cooke Brown Holdings, have lost a UK High Court judgment that has implications for many related reinsurance lawsuits and arbitrations around the world.AlphaStar's share price fell from 13 cents to seven cents per share after the … honkouWebsphere drake insurance ltd odyssey re v euro international underwriting ltd john whitcombe christopher henton stirling cooke brown reinsurance brokers ltd stirling cooke brown insurance brokers ltd nicholas brown jeffrey butler [2003] lloyd's rep ir 525 queen’s bench division commercial court before mr justice thomas honk pullmanWebJul 23, 2003 · Neil Beighton explains the impact of the Sphere Drake case. In a damning judgment in the Commercial Court, Mr Justice Thomas has found that broker Stirling … honk passWebSep 19, 2003 · Sphere Drake Insurance. Ltd. v. All American Insurance Co., 256 F.3d 587, 590-92' (7th Cir 2001): ("Sphere Drake II"). See also Sphere Drake Insurant LTD. v. ... honk pullman menu