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Lloyd's Maritime and Commercial Law Quarterly

A LOST OPPORTUNITY TOWARDS MODIFIED UNIVERSALISM

Re HIH Casualty and General Insurance

The facts and decision

The simplified facts of Re HIH Casualty and General Insurance Ltd 1 (henceforth “HIH ”) were as follows. Four insurance companies, incorporated in Australia and with the bulk of their businesses there, had gone into insolvent liquidation in Australia. Some of their assets were situated in England. Petitions were presented to wind them up as foreign companies in England and provisional liquidators were appointed. The relevant Australian


CASE AND COMMENT

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