SVENSKA HANDELSBANKEN v. SUN ALLIANCE AND LONDON INSURANCE PLC
[1996] 1 Lloyd's Rep. 519
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Rix
Insurance (Commercial Mortgage Indemnity) - Co-lender clause - Construction - Avoidance of policies - Allegations of material non-disclosure and misrepresentation - Whether insured in breach of co-lender clause - Whether insurers entitled to avoid policy - Issues as to waiver, estoppel and affirmation.