March 2008

A summary of recent developments in insurance, reinsurance and litigation law

• Follow the settlements and back to back reinsurance. A summary of the Court of Appeal's decision in Wasa v Lexington.
  
• Waiver of breach of conditions precedent and whether a Reservation of Rights is needed. A summary of the Court of Appeal's decision in Kosmar Villa Holidays v Trustees of Syndicate 1243.
• Service of claim form out of the jurisdiction and effect of defective service under local law. A summary of the Court of Appeal's decision in Olafsson v Gissurarson.
  
• Professional negligence claims and time bar arguments. A summary of the Court of Appeal's decision in Watkins v Jones Maidment Wilson.
• Whether "take or pay" clauses amount to penalty clauses. A summary of M&J Polymers v Imerys Minerals.
• Bringing different proceedings in different EU courts - are the proceedings "related actions". A summary of Research in Motion UK v Visto Corp.