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Reinsurance Notes August 2008 |
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ACE Capital Limited v CMS Energy Corporation
Commercial Court - Mr Justice Christopher Clarke - 30 July 2008
The English High Court has considered the inter-relationship between a US Service of Suit clause and an English Arbitration clause in the context of a policy of insurance. The decision is important in that it found the existence of the US Service of Suit clause in the policy did not override the contractural obligation of the parties to arbitrate in all disputes.
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