- Cited — Morley (t/a Morley Estates) v The Royal Bank of Scotland Plc 2021-03-11
“…This was reiterated by Lloyd LJ in Socimer International Bank Ltd v Standard Bank London Ltd [2008] EWCA Civ 116:…”
- Cited — Equitas Insurance Ltd v Municipal Mutual Insurance Ltd 2019-04-17
“…plies in English law and regarded the English cases involving the exercise of a discretion or power (e.g. Socimer International Bank v Standard Bank London Ltd [2008] EWCA Civ 116, [2008] 1 Lloyd’s Rep 558) as irrelevant in circumstances where MMI had an absolute contractual right to present the whole of its loss to any reinsurance polic…”
- Cited — Equitas Insurance Ltd v Municipal Mutual Insurance Ltd 2019-04-17
“…in good faith (or, more fully, in a manner which is not irrational, arbitrary or capricious: see e.g. Socimer International Bank Ltd v Standard Bank London Ltd [2008] EWCA Civ 116, [2008] Bus LR 1304; and Braganza v BP Shipping Ltd [2015] UKSC 17, [2015] 1 WLR 1661); and (3) New York authority where a wider concept of good faith in insur…”
- Cited — Equitas Insurance Ltd v Municipal Mutual Insurance Ltd 2019-04-17
“…Wednesbury sense: see Socimer International Bank Ltd v Standard Bank London Ltd [2008] EWCA Civ 116; [2008] 1 Lloyd’s Rep 558, para 66; Braganza v BP Shipping Ltd [2015] UKSC 17; [2015] 1 WLR 1661, paras 19-30. What is honest and reasonable is judged by refer…”
- Cited — Spirit Energy Resources Ltd & Ors v Marathon Oil UK LLC 2019-01-17
“…retion it was under an implied duty to exercise that discretion genuinely, honestly and in good faith (see Socimer International Ltd v Standard Bank London Ltd [2008] EWCA Civ 116). The Participants argued that the Operator was in the position of a…”
- Cited — LBI EHF v Raiffeisen Bank International AG 2018-04-11
“…[2008] EWCA Civ 116…”
- Considered — Property Alliance Group Ltd v The Royal Bank of Scotland Plc 2018-03-02
“…The reference to a “Socimer-type” implied term derives from Socimer International Bank Ltd v Standard Bank London Ltd [2008] EWCA Civ 116, [2008] Bus LR 1304. In that case, the Court of Appeal considered what, if any, limitations there are on a decision-maker’s freedom of decision when a contract…”