Insolvency Exposure For Professional Indemnity Insurers

United Kingdom Law Articles in English (2008)

Mr Richard Curd - CMS Cameron McKenna LLP

Permanent Link: http://vlex.co.uk/vid/insolvency-exposure-indemnity-insurers-34564581
Id. vLex: VLEX-34564581

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Extract:

Insolvency Exposure For Professional Indemnity Insurers

In an important judgment for professional indemnity insurers, the court has held that

Discharge from bankruptcy means that a client can no longer pursue a bankrupt professional in respect of his bankruptcy debts (including potential liability for professional negligence)

It is however possible for the client to pursue the bankrupt's professional indemnity insure...



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