Bridgecorp Limited (In Receivership and In Liquidation) v Certain Lloyds Underwriters Under Policy No B0701LS05809
Insurance law – civil procedure
Bridgecorp Limited (In Receivership and In Liquidation) v Certain Lloyds Underwriters Under Policy No B0701LS05809 – [2014] NZCA 571 – Harrison, French and Goddard JJ – 27 November 2014
Claim by Bridgecorp receivers against broker which arranged insurance against losses on realisation of securities – leave sought to charge proceeds of broker’s professional indemnity insurance under s9 Law Reform Act 1936 – whether New Zealand court had jurisdiction where insurance moneys payable under policy issued by London underwriters. .
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