By Maya Lester QC & Michael O’Kane

UK judgment on insurance sanctions clause

The UK Commercial Court has given judgment in Mamancochet Mining Ltd v Aegis Managing Agency Ltd & Others [2018] EWHC 2643 (Comm) holding that: –          Defendants are liable to pay insurance claim under a marine insurance contract (covering the theft of shipments of steel billets). –          This is because payment would not “expose” the underwriters to EU or US sanctions...

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About Maya Lester QC

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Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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