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LLR: Insurance & Reinsurance

EULER HERMES UK PLC v APPLE COMPUTER BV

[2006] Lloyd's Rep IR 691

COURT OF APPEAL

Before Lord Justice Brooke, Lord Justice Moore-Bick and Sir Peter Gibson

Insurance (credit) - Obligations of assured under settlement contract - Whether settlement incorporated obligation on assured to bring successful proceedings against third party - Assured failing to do so - Whether assured obliged to repay sums paid under settlement.

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