Insurance Brief - March 2015
27 March 2015
Welcome to this month’s edition of Insurance Brief.
In this issue, we report on three recent High Court decisions. The first concerns an anti-suit injunction granted to restrain proceedings brought against a P&I Club in Turkey to give effect to a “pay to be paid” clause in the insurance policy.
Forfeiture rule and life cover
21 February 2012
The Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 (“the 2011 Act”) came into force on 1 February 2012. The Act amends the law of succession where a person rejects an inheritance or is disqualified from receiving an inheritance by reason of the Forfeiture Rule.
Bribery Act 2010 - The final countdown
27 May 2011
Having received royal assent back in April 2010, with implementation originally expected in October 2010, then April 2011, the Bribery Act 2010 seems a long time coming. However, as the Ministry of Justice has published its long-awaited guidance on the “adequate procedures” defence, the Act will come into force on 1 July 2011. What can we expect?