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ARTICLE · 06 FEBRUARY 2012

Insurance And Reinsurance Weekly Update - 31 January 2012

Welcome to the third edition of Clyde & Co’s (Re)insurance and litigation caselaw weekly updates for 2012.

United KingdomInsurance

Welcome to the third edition of Clyde & Co's (Re)insurance and litigation caselaw weekly updates for 2012.

These updates are aimed at keeping you up to speed and informed of the latest developments in caselaw relevant to your practice.

SULAMERICA CIA V ENESA ENGHENHARIA

Applicable law of arbitration agreement in an insurance policy

http://www.bailii.org/ew/cases/EWHC/Comm/2012/42.html

Clyde & Co (Peter Hirst and Richard Butt) for claimants

The insurance policy in this case provided that it was governed exclusively by Brazilian law. In the event of a dispute, the parties undertook to seek to resolve the dispute by mediation prior to a reference to arbitration. The arbitration agreement in the policy provided (inter alia) that the seat of the arbitration would be London. Following a dispute between the parties, the insured commenced proceedings in Brazil seeking a declaration that it was not bound to arbitrate the dispute. The insurers obtained an interim

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