Subrogation Rights: No Absolution On Dissolution
Mondaq Business Briefing › United Kingdom Law Articles in English (2007)
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Subrogation Rights: No Absolution On Dissolution
The case for an
assignment clause The court held that wherean insured company is dissolved before subrogated proceedings can be started byan insurer in the company's name the insurer's right to subrogate does notamount to a sufficient proprietary interest to enable the insurer to get avesting order enabling the claim to be pursued....See the full content of this document
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