000			01429cab a2200181 4500
001			##L133894
008			060616n2006 000 0 eng u
035			_a(Sirsi) u133894
041	0		_aeng
245	0	0	_aEnterprise Oil Ltd v Strand Insurance Co Ltd
260			_c2006
520			_a[2006] EWHC 58 (Comm) 26 January 2006. E, together with X, had agreed to explore and develop certain North Sea oil fields. E supported X when the latter rejected a drilling unit constructed by R on the grounds that delivery of the unit was both late and defective. R commenced proceedings in Texas, alleging that E had committed a number of torts under Texan law. Following a mock trial, E paid an agreed sum in settlement to R. E argued that it would or might have been liable to R in tort, and claimed an indemnity from S, a captive insurance company, on the basis that it had incurred liability as defined in the policy placed with S. "Held" Upon a proper construction of the policy, E was covered for actual liability to third parties but not for arguable liability. Therefore, E was not entitled to the indemnity sought.
650	2	4	_aENTERPRISE OIL LTD V STRAND INSURANCE CO LTD
651		4	_aEngland and Wales _y1543-
690			_aMANAGEMENT-BUSINESS MANAGEMENT-INSURANCE
856	4	8	_uhttps://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWHC/Comm/2006/58.html _zView the item free of charge at www.bailii.org...
942			_n0
999			_c77250 _d77250