Legal Principles & Case Law

Legal Principles & Case Law

1. Offer & acceptance

   • Currie v Misa 1875

2. Good Faith

   • Pan Atlantic Ins Co v Pine Top Ins Co 1994
     • What is a material fact?

3. Waiver & Estoppel

   • Kosmar Villas v Trustees of S 1234 (2008)
     • Late nofification

4. Proximate Cause

   • Leyland Shipping v NU (1918)
     • Changed 'last in chain' rule
     • torpedo damage effective throughout
   • Midland Mainline Ltd v Eagle Star (2004)
     • Wear & tear exclusion

5. Warranties

   • The Good Luck
     • Superseded by Insurance Act
       • Warranties now suspensive

6. Conditions

   • Notification
     • Aspen v Pectel Ltd
       • Late notification
     • Kajima
       • Specific circumstances not notified
     • Kidson
       • Circumstances too vague
     • Laker Vent
       • Reasonable expectation of claim
   • Cresswell
     • Court construed as CP
   • Cox V Bankside
     • Court disagreed was a CP (too many: differing importance)

7. Exclusions

   • Independent & interdependent perils
     • Wayne Tank & Pump v EL Ins 1074
       • Excluded & Insured perils
     • JJ Lloyd Ltd v Northern Star Ins Co 1987
       • Insured & uninsured peril
     • Tektrol
       • Computer virus & theft
         • Time delay between interdependent perils irrelevant
   • Bankers v South & Gardner
     • Jet ski accident
   • Blackburn Rovers
     • Back injury
   • Blackwell
     • Damaged road