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Lloyd's Maritime and Commercial Law Quarterly

DUTY OF DISCLOSURE AGAIN

Banque Keyser Ullmann S.A. v. Skandia (U.K.) Insurance Co. Ltd. or Banque Financière de la Cité S.A. v. Westgate Insurance Co.
The writer of a comment on the earlier stages of this now notorious case began with a quotation from Hamlet.1 To continue in the same vein, it seems not unfair to say that some members of the House of Lords regarded the appeal to them as “Much Ado About Nothing”. Lord Bridge concluded his speech by saying that “at the end of this long and complex litigation the outcome is dictated by a short point on the construction of the fraud exclusion clause as applied to a combination of circum

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