SCHAUER v. WEBSTER & CO.
(1929) 35 Ll L Rep 31
KING'S BENCH DIVISION.
Before Mr. Justice Roche.
Ship - Loss by collision - Damages recovered paid to defendants (acting for plaintiff) - Defendants also acting as underwriters' representatives - Authority of defendants as plaintiff's agents-Failure of defendants to pay over to plaintiff moneys received - Right of underwriters to moneys recovered - Subrogation - French law held similar to English law-Payment by underwriters as an essential qualification - Page v. Scottish Insurance Corporation, 33 Ll.L.Rep. 134, followed-Account-Claims and premiums -Set-off.