Petrofina (U.K.) Ltd v Magnaload Ltd

JurisdictionEngland & Wales
Year1983
Date1983
CourtQueen's Bench Division (Commercial Court)

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63 cases
  • National Oilwell (U.K.) Ltd v Davy Offshore Ltd
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • Invalid date
  • Glengate-KG Properties Ltd v Norwich Union Fire Insurance Society Ltd
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 21 December 1996
    ...own interest will be obliged to hold the balance in trust for the other interests represented. In Petrofina (UK) Ltd v Magnaload LtdELR[1984] QB 127 Lloyd J considered the question of insurance in the context of a building or engineering contract where numerous different subcontractors migh......
  • London Borough of Barking & Dagenham v Stamford Asphalt Company Ltd
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 20 March 1997
    ...have been covering the very risk; see Clarke, Law of Insurance Contracts (2nd edn), pp. 822–825 and Petrofina (UK) Ltd v Magnaload LtdELR[1984] QB 127, per Lloyd J at pp. 139C–140C, and Mark Rowlands Ltd v Berni Inns LtdELR[1986] QB 211 (CA); and (2) if, for any reason, the employer would h......
  • Stone Vickers Ltd v Appledore Ferguson Shipbuilders Ltd
    • United Kingdom
    • Queen's Bench Division
    • 21 January 1991
    ...Construction Co Ltd v Imperial Oil LtdUNK ((1977) 69 DLR (3d) 558) which was followed in Petrofina (UK) Ltd v Magnaload LtdELR ([1984] QB 127) it was accepted that if the sub-contractor had an insurable interest in the whole project the insurers could not exercise rights of subrogation agai......
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2 firm's commentaries
  • Litigation & Dispute Resolution Update
    • United States
    • Mondaq United States
    • 14 November 2002
    ...interest". The data remains subject to this exemption thereafter. 25 The crux of this decision is the rule in Petrofina v Magnaload [1983] 3 All ER 35 where it was held that co-insureds cannot recover against one another for the same This update is one of a series of publications provided b......
  • Speculation about insolvent trading not enough to terminate a Deed of Company Arrangement (DOCA)
    • Australia
    • Mondaq Australia
    • 5 February 2012
    ...an action against B in the name of A, if A and B are co-insureds under the same insurance policy: Petrofina (UK) Ltd v Magnaload Ltd [1984] QB 127; Placer v Dyno [1999] NSWSC The Court of Appeal decided here that an exclusion clause in the insurance policy applied, so that Ungul was not cov......
2 books & journal articles
  • Insurance
    • United Kingdom
    • Construction Law. Volume III - Third Edition
    • 13 April 2020
    ...contract. For example, a contractual provision that the owner bears the “sole risk” of damage 60 Petroina (UK) Ltd v Magnaload Ltd [1984] QB 127 at 136, per Lloyd J. See also Commonwealth Construction Co Ltd v Imperial Oil Ltd (1977) 69 DLR (3d) 558 at 562 [Sup Ct Canada]; A Goninan & Co Lt......
  • OF SUBROGATION RIGHTS AND COVENANT-TO-INSURE CLAUSES
    • Singapore
    • Singapore Academy of Law Journal No. 1995, December 1995
    • 1 December 1995
    ...5 Morris v Ford [1973] QB 793; cf earlier case of Lister v Romford Ice & Cold Storage Ltd[1957] AC 555. 6 Petrofina v Magnaload [1983] 2 Lloyd’s Rep 91; see Birds’ comment on the case at [1983] JBL 497. See also Stone Vickers Ltd v Appledore Ferguson Shipbuilders Ltd[1991] 2 Lloyd’s Rep 288......