Pervasive insurable interest: a reappraisal (Record no. 117323)

MARC details
000 -LEADER
fixed length control field 01602cam a2200229 4500
001 - CONTROL NUMBER
control field ABS67745
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 040507n2004 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u126140
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Olubajo, A.
245 ## - TITLE STATEMENT
Title Pervasive insurable interest: a reappraisal
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2004
490 ## - SERIES STATEMENT
Series statement Construction Law Journal
Volume/sequential designation 20(2) 2004, 45-57(13)
520 ## - SUMMARY, ETC.
Summary, etc. Argues that the finding of a pervasive insurable interest is inconsistent with the doctrine of insurable interest. This doctrine is generally understood to operate in English insurance law and suggests the time has come for the courts to repudiate the concept. Cites the decision in "Cooperative Retail Services Ltd v Taylor Young Partnership Ltd and others" ([2002] UKHL 17, Abs65789), where the employer under a construction contract insured liability for damage to the project in the joint names of all contractors and subcontractors and no contribution could be claimed from any of them, directly or by subrogation, for insured losses. Suggests in future co-insured should not have a pervasive insurable interest in the whole of the insured property and advocates relying on the reasoning in the "Cooperative" case, whereby, in the contract between the co-insured, a term implies the parties will not sue one another in the event that one causes damage to their common project.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element SUBROGATION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CO-OPERATIVE RETAIL SERVICES LTD V TAYLOR YOUNG PARTNERSHIP
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element ALL RISK INSURANCE
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INSURABLE INTERESTS
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element INSURANCE-CASE LAW
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 07/05/2004   ABS67745 126140-1001 06/08/2019 1 06/08/2019 Journal article