Jurisdiction: United Kingdom

No Right To New York Review Of Arbitration Decision Under Bermuda Form Arbitration Clause

A recent ruling from the English Commercial Court illuminates one risk with the use of the Bermuda form arbitration clause:  if the losing party is dissatisfied with the arbitration result, it may not be permitted to challenge the result under New York law in a New York court, but may instead be limited to challenging the arbitration award under English law in English court. 

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Defective Products Claims Against ExxonMobil Deemed Multiple “Occurrences” Under New York Law

On June 5, 2007, a New York State Court located in Manhattan ruled that various products liability claims relating to ExxonMobil Corporation’s defective resin and lubricant products were multiple “occurrences” under liability insurance policies issued to ExxonMobil by Lloyd’s of London. 

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