EQUITAS LTD AND ANOTHER v WALSHAM BROTHERS & CO LTD
[2014] Lloyd's Rep IR 398
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice MALES
Reinsurance – Brokers – Recovery of claims and return premiums from brokers – Nature of duty of broker to collect money from reinsurers – Duty of care – Restitution – Whether duty absolute or continuing – Whether compound interest awardable for failure to remit funds – Nature of equitable set-off – Limitation of actions.