BRICE AND OTHERS v. J. H. WACKERBARTH (AUSTRALASIA) PTY. LTD., FLACK, DOMINION INSURANCE CO. LTD. AND ALLIANCE ASSURANCE CO. LTD., THIRD PARTIES
[1974] 2 Lloyd's Rep. 274
COURT OF APPEAL
Before Lord Denning, M.R., Lord Justice Orr and Lord Justice Roskill
Practice - Third party procedure - Agents employed by insurers as "cover holders" in Australia - Professional indemnity insurance policies effected by agents with third party - Third party to be liable if original insurers obtained judgment against agents - Claim by insurers against agents for breach of duty - Third party brought into action - Whether proceedings against third party should be stayed.