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ARTICLE · 11 MARCH 2010

A Summary Of Recent Developments In Insurance, Reinsurance And Litigation Law

Clyde & Co
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The first instance decision in this case was reported in Weekly Update 25/09. In the US, the US Securities Exchange Commission (SEC) obtained an order appointing a receiver over the worldwide assets of Stanford International Bank ("SIB") and other companies in the Stanford group.

United KingdomLitigation, Mediation & Arbitration
Nigel Brook
Nigel Brook
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Contents

  • In the Matter of Stanford International Bank Ltd
     An appeal from an order recognising Antiguan liquidators under the Cross Border Insolvency Regulations 2006
  • Webster & Ors v The Ridgeway Foundation School
     A case on indemnity costs involving arguments concerning ATE insurers
  • Shell UK Ltd & Ors v Total UK Ltd & Ors
     A case on whether a beneficial owner of property can bring an action for negligent loss/damage to property

This Week's Caselaw

In the Matter of Stanford International Bank Ltd

Appeal from order recognising Antiguan liquidators under the Cross Border Insolvency Regulations 2006

The first instance decision in this case was reported in Weekly Update 25/09. In the US, the US Securities Exchange Commission (SEC) obtained an order appointing a receiver over the worldwide assets of Stanford International Bank ("SIB") and other companies in the Stanford group. SIB was incorporated in Antigua. Two months later, an Antiguan court

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