05th Oct 2004
 1 Lloyds Rep 494;  Lloyd’s Rep IR 74;  2 All ER (Comm) 669
Gavin Kealey Q.C. and David Allen – Impact and enforceability of global settlements in liability insurance and reinsurance.
Insurance (construction of professional liability policy) – Assured reaching a settlement with third party – Settlement encompassing claims and counterclaims – No allocation for amount of assured’s liability – Whether assured’s liability had been ascertained – Whether insuring clause applied only to negligence – Whether assured could recover in respect of breach of warranty of construction contract.