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Chubb in third-party claim

Chubb Insurance Company of Europe SA v Davies (defendant); Black, American Iron and Metal, Lito Trade Incorporated (applicants) (Queen's Bench Division - 23 September 2004)

The applicants had obtained judgement against Mr Davies, a director of a metal broker, in respect of $18.7m (£10m) of losses they suffered by reason of his fraudulent misrepresentations. That

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