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LLR: Insurance & Reinsurance

RILEY V INGSLEY UNDERWRITING AGENCIES LTD AND OTHERS

(1993) 2 Re LR 263

United States Court of Appeals (Tenth Circuit)

Before Chief Judge McKay, Circuit Judge Logan and Circuit Judge Kelly

Lloyd’s - Name - Contract with Lloyd’s and Underwriting Agent - US citizen - Whether choice of forum and law provisions in Name’s contract with Lloyd’s valid and enforceable - Whether provisions in Name’s contract with Underwriting Agent requiring arbitration in England and application of English law valid and enforceable - Whether agreement requiring arbitration void as against public policy because several of Name’s claims grounded in US securities legislation - Allegation that provisions were induced by fraud.

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