Legal News

Insurers appeal cocoa fraud decision (ABN Amro v RSA)

Published on: 03 November 2021
Published by a Law360 reporter

Article summary

Law360, London: Underwriters should not be liable to ABN Amro Bank NV in its £33.5m claim regarding cocoa suppliers that defaulted following a major fraud because the policies do not cover unpaid debts, counsel for insurers told the Court of Appeal on 2 November 2021.

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