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Lloyd's Reinsurance Law Reports

KEN RANDALL ASSOCIATES LTD v. MMI COMPANIES INC

[1997] LRLR 648

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Mr. Justice LONGMORE:

Reinsurance - Warranties - Breach - Sale of one of members of Weavers pool of underwriting companies - Defendants warranted assets and liabilities in company’s accounts for year ending Dec. 31, 1991 - Plaintiffs alleged accounts understated liabilities - Whether plaintiffs entitled to damages for breach of warranties.

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