NEW HAMPSHIRE INSURANCE COMPANY AND OTHERS v PHILIPS ELECTRONICS NORTH AMERICA CORPORATION (NO 2)

[1999] Lloyd's Rep IR 66

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Clarke

Insurance (comprehensive crime) - Whether loss of intangibles amounted to loss of “other goods” - Whether supply of defective goods amounted to loss of those goods - Whether obligation to replace defective goods amounted to loss of the replacement goods - Whether bonuses obtained fraudulently had been earned in the ordinary course of employment - Meaning of “manifest intent” on behalf of fraudulent employee.