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LLR: Insurance & Reinsurance

SEA VOYAGER MARITIME INC NAVIHOUSE SA EVERLENDS SHIPPING CO LTD v BIELECKI

[1999] Lloyd's Rep IR 356

QUEEN’S BENCH DIVISION (CHANCERY DIVISION)

Before Richard McCombe, QC, Deputy Judge

Third Parties (Rights Against Insurers) Act 1930 - Insolvency Act 1986, section 262 - Insured entering into individual voluntary arrangement - Whether claimant against insured bound by IVA - Whether IVA prevented claimant from proceeding against insured and losing rights under 1930 Act - Whether claimant unfairly prejudiced by IVA.

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