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News - Reinsurers to feel brunt of payment case.
(From Post Magazine)
Judgment in the Thompstone v Tameside and Glossop case could have the greatest impact on reinsurers, according to a leading firm of actuaries.
Lane Clark and Peacock has warned that: "If this judgment is upheld, it will break the link between periodical payments and the retail prices index." Thompstone has appealed the judgment, and the case could go beyond the Court of Appeal to the House of Lords.
Joe Monk, partner at LCP, who provided expert witness testimony at the hearing, said: "The judgment should have a greater impact on reinsurers.
"They should take an active interest in settlements and should see more of these cases than insurers."
...- Periodical Payments And Case 'Parking'.
- News wire article from: Mondaq Business Briefing October 25, 2007 700+ words
...conventional lump sum or as ongoing periodical payments. Where a lump sum is paid - which...shorter time than anticipated. Periodical payments were proposed as a potential solution...fees. Traditionally, therefore, periodical payments have been linked to the Retail Prices...
- LAW SUMMARIES
- Newspaper article from: The Independent - London January 30, 1995 700+ words
The following notes of judgments were prepared by the reporters...variation of order for periodical payments); FD(Douglas Brown J...Although an original order for periodical payments had been made under the Guardianship...
- CASE SUMMARIES
- Newspaper article from: The Independent - London December 4, 1995 700+ words
The following notes of judgments were prepared by the reporters...had already been concluded and judgment given, and where there were no...case an application to vary the periodical payments order made in earlier divorce...
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...1, "Road to Wings," summarizes judgment pretty well: "We should all bear one...the sum of all his knowledge and made a judgment. He believed in it so strongly that...on it. That he was mistaken in that judgment is a tragedy, not stupidity. Every...
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...to ask whether the events of 9/11 were a judgment on the United States: Was the U.S. in some...t dismiss the notion of 9/11 as God's judgment. In Divine Justice, Divine Judgment: Rethinking the Judgment of Nations (Fortress...
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- Magazine article from: Business Credit Kent, Jeffrey A. Schwartz, Robert D. January 1, 2002 700+ words
...jurisdictions permit a solution: A "Confession of Judgment." The Confession of Judgment gets its name because the debtor "confesses...filed, and the creditor can use it to obtain judgment if the debtor does not perform. You may require...
- Judgments (foreign, enforcement).
- Newspaper article from: International Law Update January 1, 2009 700+ words
...attack on the Israeli judgment here.?? See Dart...Country Money-Judgments] Recognition Act precludes a judgment debtor from collaterally...domesticate the judgment in the federal district...Foreign Country Judgments in the United States...
