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Great Lakes Reinsurance (UK) Plc v Durham Auctions Inc (The “Time Out”) – US Court of Appeals (5th Circuit)(King, Garwood and Davis Ct JJ) – 9 October 2009
Marine insurance – Choice of law – Hull policy containing choice of law provision providing for alternative applicable law – Whether insurer entitled to rely on principle of uberrimae fidei – Whether New York law or Mississippi law applied
(2009) 782 LMLN 3
The defendant, a Mississippi corporation whose principal place of business was in Mississippi, was the owner of the motor yacht Time Out which was insured for hull cover by the plaintiff insurers, a United Kingdom insurance company. The policy contained a choice of law provision which read:
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Michael Daiches, Barrister
Nov 11 2009

