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Eide v Lowndes Lambert

19th Dec 1997

[1999] QB 199; [1998] 3 WLR 643; [1998] 1 Lloyd’s Rep. 389

Jonathan Gaisman QC led Sioban Healy in this Insurance broker’s lien on policy or proceeds; composite insurance

Insurance (Marine) – Insurance brokers – Lien – Composite insurance – Insurance placed by brokers – Owners, demise charterers and bank shown as co-assured – Proceeds of claim paid to brokers – Brokers applied proceeds in reduction of balance owed to them by demise charterers – Whether brokers entitled to exercise lien in case of composite insurance