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Tyson International Company Limited v GIC Re [2024] EWHC 236 (Comm): Anti-suit relief continued in reinsurance dispute

Posted: 07/02/2024

On Wednesday 7 February 2024, Christopher Hancock KC (sitting as Judge of the High Court) handed down judgment in Tyson International Company Limited v GIC Re [2024] EWHC 236 (Comm) in which he continued anti-suit relief sought by a captive insurer against a reinsurer.

The Judgment will be of interest to those dealing with insurance/reinsurance disputes written on the basis of the Market Reform Contract, as well as of wider interest to commercial practitioners for the discussion of what the test of “high degree of probability” requires in the context of applications for anti-suit/anti-arbitration relief.

A note of the Judgment can be found here.

The Judgment is available here.

Timothy Killen and Benjamin Phelps acted for the successful Claimant, instructed by a team from Reed Smith LLP, led by Mark Pring.

Authors

Timothy Killen

Call: 2010

Benjamin Phelps

Call: 2017

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