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LLR: Insurance & Reinsurance

UNDERWRITING MEMBERS OF LLOYD’S SYNDICATE 980 v SINCO SA

[2009] Lloyd's Rep. IR 365

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Beatson

Insurance — Binding authority — Conflict of laws — Binding authority given to Greek brokers and containing exclusive arbitration clause — Proceedings commenced in England by underwriters but not served — Proceedings commenced by brokers in Greece — New claim for breach of jurisdiction clause added to original English action — Whether new claim should be stayed — Brussels Regulation, Council Regulation 44/2001, articles 27 and 30.

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