RAIFFEISEN ZENTRALBANK OSTERREICH A.G. v. FIVE STAR GENERAL TRADING L.L.C. AND OTHERS (THE “MOUNT I”)

[2000] 2 Lloyd's Rep. 684

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Longmore

Conflict of laws - Insurance (Marine) - Assignment - Vessel insured with French insurers - First defendants assigned insurance on vessel to claimant bank - Notice of assignment not given in accordance with French law - Vessel in collision with cargo carrying vessel - Vessel arrested and sold through Malaysian Court - Cargo-owners obtained attachments in France of insurance and their proceeds - Whether assignment governed by English law - Effect of art. 12 of Rome Convention.