Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

IN RE MILLER, GIBB & CO., LTD. (IN LIQUIDATION).

[1957] 1 Lloyd's Rep. 258

CHANCERY DIVISION.

Before Mr. Justice Wynn-Parry.

Insurance-Subrogation-Export credits guarantee -Export of goods by British company to foreign buyers-Policy guaranteeing payment -Currency restrictions preventing payment- Exporters indemnified under policy-Assignment to insurers of exporters' rights against foreign buyers-Winding up of British company-Subsequent receipt of purchase price - Claim by insurers-Whether an assignment.

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