Quorum A.S. -v- Schramm

Dominic Kendrick QC

[2002] Lloyd’s Rep IR 315; [2002] 2 All ER (Comm) 179; [2002] Lloyd’s Rep IR 292; [2002] 1 Lloyd’s Rep. 249; [2002] 2 Lloyd’s Rep. 72; [2002] 2 All ER (Comm) 147

Dominic Kendrick QC acted in Loss of value of a Degas masterpiece damaged by smoke in a fire. This case raised basic problems of what constitutes ‘damage’ and how it should be valued.

Insurance (Fine art) – Valued policy – Assessment of value – Degas pastel damaged by fire – Insured claimed under policy – Whether policy a valued policy – Damage recoverable under policy – Value of pastel before and after fire.

Date added: August 7th, 2001


Area of Expertise

Insurance & Reinsurance