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Lloyd's Reinsurance Law Reports

JUDD AND OTHERS v. MERRETT AND OTHERS.

[1997] LRLR 21

COURT OF APPEAL

Sir IAIN GLIDEWELL:

Reinsurance - Lloyd’s litigation - Leave to defend - Interim payment - Claim for payment of six collection notes - Defendants alleged amount claimed failed to give credit for 25 per cent inter-syndicate quota share policy and breach of contract in failing to take prompt steps to recover reinsurance moneys - Whether defendants entitled to unconditional leave to defend - Whether plaintiffs entitled to interim payment.

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