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Subrogation
Acting for international property insurers
in subrogated
claims arising from failures
at a major manufacturing plant in
the UK
against a Continental European engineering group.
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One of the largest manufacturing plants of its kind in Europe
suffered two catastrophic failures of bespoke equipment which
caused separate, lengthy outages resulting in significant financial
losses. One outage was caused by the failure of one specialist
piece of equipment. The other outage was caused by an
explosion
and subsequent fire.
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Working closely with materials scientists and other experts,
evidence has been found to enable insurers to pursue subrogated
recoveries against the supervising engineers. The target company is a Continental European engineering group.
The disputes are the subject of ICC arbitration.
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