“…ut RAKIA’s claims. Its reasons for reaching that conclusion were based on the distinction drawn in Versloot Dredging BV v HDI Gerling Industrie Versicherung AG [2016] UKSC 45; [2017] AC 1 between a claim which is fraudulent and a claim which, although well-founded, is supported by collateral lies. The Court of Appeal said at [60]-[6…”
“…[2016] UKSC 45, [2017] AC 1, para 8 per Lord Sumption. It is therefore not necessary for this Court to analyse the proper application of the jurisprudence in…”
“…rted by collateral lies. Lord Sumption drew this distinction in the context of marine insurance in Versloot Dredging BV v HDI Gerling Industrie Versicherung AG [2016] UKSC 45, [2017] AC 1. He said:…”
“…g of a claim, a decision which had recently been confirmed by the majority of the Supreme Court in Versloot Dredging BV v HDI Gerling Industrie Versicherung AG [2016] UKSC 45, [2017] AC 1. He derived no real assistance from the New York cases on which Equitas relied where a wider concept of good faith had been adopted than applies i…”