AMB GENERALI HOLDING AG MANCHES SPRECHER GRIER HALBERSTAM PORTNER & JASKEL v SEB TRYGG LIV HOLDING AKTIEBOLAG MERRIFIELD
[2006] Lloyd's Rep Plus 14
COURT OF APPEAL
Before Lord Justice Buxton, Lord Justice Tuckey and Lord Justice Maurice Kay
Arbitration – Sale of shares in insurance company –
Disputes to be referred to arbitration – Seller merging and changing name –
Alleged default by buyer – Arbitration proceedings commenced by solicitors in
seller’s original name – Counterclaim by buyer – Whether arbitration
proceedings a nullity – Whether there was express, implied or ostensible
authority for the commencement of proceedings – Whether participation in
proceedings ratified by new company – Whether solicitors liable for breach of
warranty – Costs.