|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 1438|
|Court:||Queen's Bench Division, Commercial Court|
|Representation||Jonathan Gaisman QC, Stephen Philips and Leigh Williams (instructed by Elborne Mitchell) for KAC.|
|John Gilman QC and Simon Rainey (instructed by Clyde & Co) for KIC.|
|Judgment Dates:||15 December 1999|
Insurance - Contract of insurance - Construction of contract - Claimant losing aircraft in Iraqi invasion - Claimant subsequently recovering some aircraft - Claimant claiming loss from insurers - Whether claimant entitled to retain recoveries sufficient to indemnify losses on an overall basis - Whether claimant's recoveries valued in accordance with market value or value listed in policy.