256:
the contract terms indicate he has chosen to do; and if the contract terms can take legal and practical effect without denying him the rights he would ordinarily enjoy if the other party is negligent, they will be read as not denying him those rights unless they are so expressed as to make clear that they do. But, as the insurers in argument fully recognised, Lord Morton was giving helpful guidance on the proper approach to interpretation and not laying down a code. The passage does not provide a litmus test which, applied to the terms of the contract, yields a certain and predictable result. The courts' task of ascertaining what the particular parties intended, in their particular commercial context, remains.
41:
664:
213:. Intermediaries who knew about movies, much more than either the bank or the insurer, negotiated. The bank made a claim for insurance cover. HIH resisted the bank's claim and in doing so alleged misrepresentations, both negligent and fraudulent, by the bank’s agents (not the bank itself). The insurance contract contained disclaimers for misrepresentations by the bank. One issue was whether the disclaimers could absolve the bank of liability for misrepresentation.
1267:
1243:
1255:
255:
AC 192 at 208. There can be no doubting the general authority of these principles, which have been applied in many cases, and the approach indicated is sound. The courts should not ordinarily infer that a contracting party has given up rights which the law confers upon him to an extent greater than
237:) held the disclaimers could exclude liability for negligent misrepresentation, but not for fraud, were it established. One could exclude liability for someone else's fraud, but not for one's own. They said that to try to exclude liability for one's own fraud would be contrary to public policy.
277:
observed that the guidelines established in Canada
Steamship Lines v The King had been emphasised by Bingham to be "helpful guidance on the proper approach to interpretation and not laying down a code ...".
542:
244:
11. In submitting that phrase does not deny the insurers their usual legal remedies for negligent misrepresentation by Heaths, the insurers drew sustenance from the well-known principles propounded by
374:
307:
234:
122:
1293:
390:
110:
1303:
594:
54:
1208:
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40:
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165:
118:
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403:
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997:
909:
845:
179:
was in the highly speculative business of lending money against receipts from five future movies (in this case,
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1077:
1027:
222:
199:
114:
1308:
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1057:
1042:
510:
1188:
1163:
1153:
1072:
1062:
1017:
770:
735:
17:
209:). The bank wanted to protect against its substantial risk. So it took out a policy of insurance with
1158:
992:
987:
927:
922:
745:
693:
531:
176:
161:
1067:
800:
653:
564:
Biffa Waste
Services Ltd & Anor v Maschinenfabrik Ernst Hese GmbH & Ors (2008) EWHC 6 (TCC)
1228:
1133:
1037:
967:
957:
881:
832:
187:
181:
663:
1223:
1087:
1007:
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648:
138:
886:
810:
795:
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632:
193:
1128:
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1103:
1012:
1002:
348:
1113:
972:
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805:
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603:
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324:
1271:
443:
429:
1287:
1203:
947:
937:
868:
760:
704:
439:
274:
263:
210:
1218:
1198:
1138:
932:
725:
485:
471:
360:
157:
380:
364:
1143:
1047:
860:
855:
709:
687:
617:
226:
942:
850:
780:
622:
1052:
285:
562:
England and Wales High Court (Technology and
Construction Court),
270:
142:
572:
566:, paragraph 181, delivered 11 January 2008, accessed 9 March 2023
576:
543:
JPMorgan Chase Bank v. Traffic Stream (BVI) Infrastructure Ltd.
289:
153:
HIH Casualty and
General Insurance Ltd v Chase Manhattan Bank
376:
Hedley Byrne & Co Ltd v Heller & Partners Ltd
1096:
895:
831:
718:
680:
671:
610:
225:
gave a speech. The majority of the House of Lords (
132:
106:
101:
93:
88:
68:
60:
50:
31:
242:
588:
301:
8:
392:Car and Universal Finance Co Ltd v Caldwell
1204:Indiana Michigan Power Center (Fort Wayne)
677:
595:
581:
573:
308:
294:
286:
39:
28:
1209:JPMorgan Chase Building (San Francisco)
555:
18:HIH Casualty Ltd v Chase Manhattan Bank
1033:National Bank of Commerce in New York
495:Unfair Commercial Practices Directive
252:Canada Steamship Lines Ltd v The King
7:
1254:
1124:270 Park Avenue (2021–present)
918:Banca Commerciale Italiana Trust Co.
337:Erlanger v New Sombrero Phosphate Co
249:giving the judgment of the Board in
1294:English misrepresentation case law
1023:Mechanics and Metals National Bank
25:
1169:Chase Tower (Englewood, Colorado)
1119:270 Park Avenue (1960–2021)
45:One of the five films in the deal
1265:
1253:
1242:
1241:
978:Fourth National Bank of New York
662:
537:Misrepresentation in English law
521:Misrepresentation in English law
1304:2003 in United Kingdom case law
1083:Valley National Bank of Arizona
507:Unfair Trading Regulations 2008
1214:JPMorgan Chase Tower (Houston)
426:Esso Petroleum Co Ltd v Mardon
33:HIH Ltd v Chase Manhattan Bank
1:
963:Dime Savings Bank of New York
644:Highbridge Capital Management
414:Lambert v Co-op Insurance Ltd
953:Continental Bank & Trust
454:Royscot Trust Ltd v Rogerson
1184:Chase Tower (Oklahoma City)
482:Shogun Finance Ltd v Hudson
1325:
1174:Chase Tower (Indianapolis)
637:Chase Card Services Canada
468:Saamco v York Montague Ltd
404:Misrepresentation Act 1967
206:The People vs. Larry Flynt
1237:
1224:One Chase Manhattan Plaza
910:American Savings and Loan
660:
518:
504:
492:
478:
464:
450:
436:
422:
410:
401:
387:
371:
357:
345:
333:
321:
316:Misrepresentation sources
221:All of the judges except
137:
38:
1078:Trust Company of America
1028:National Bank of Detroit
200:The Mirror Has Two Faces
1194:Chase Tower (Rochester)
1179:Chase Tower (Milwaukee)
1058:Robert Fleming & Co
756:William B. Harrison Jr.
247:Lord Morton of Henryton
1149:Chase Tower (Amarillo)
1043:New York Trust Company
258:
1189:Chase Tower (Phoenix)
1164:Chase Tower (El Paso)
1154:Chase Tower (Chicago)
1073:The Manhattan Company
1063:State Bank of Chicago
1018:Manufacturers Hanover
993:HF Ahmanson & Co.
988:Hambrecht & Quist
771:Douglas A. Warner III
736:Junius Spencer Morgan
340:(1878) 3 App Cas 1218
158:[2003] UKHL 6
1299:House of Lords cases
1159:Chase Tower (Dallas)
943:Chase Manhattan Bank
928:Bank United of Texas
746:Henry Sturgis Morgan
726:John Pierpont Morgan
694:Mary Callahan Erdoes
640:EMC Mortgage Company
532:English contract law
271:Biffa Waste Services
177:Chase Manhattan Bank
162:English contract law
1068:Texas Commerce Bank
914:Anchor Savings Bank
801:Dennis Weatherstone
654:One Equity Partners
240:Lord Bingham said:
145:, exclusion clauses
74:1 All ER (Comm) 349
1229:The Qube (Detroit)
1134:383 Madison Avenue
1038:National Park Bank
1008:JP Morgan & Co
983:Great Western Bank
958:Corn Exchange Bank
882:Phebe N. Novakovic
649:JP Morgan & Co
328:(1766) 3 Burr 1905
1281:
1280:
1088:Washington Mutual
905:American Fletcher
827:
826:
766:Walter V. Shipley
751:David Rockefeller
527:
526:
417:2 Lloyd's Rep 485
166:misrepresentation
149:
148:
139:Misrepresentation
78:Lloyds Rep IR 230
16:(Redirected from
1316:
1269:
1257:
1256:
1245:
1244:
998:Indiana National
887:Virginia Rometty
811:Winthrop Aldrich
796:Thomas W. Lamont
791:James B. Lee Jr.
731:J. P. Morgan Jr.
678:
666:
633:Chase Paymentech
597:
590:
583:
574:
567:
560:
393:
377:
352:(1881) 20 Ch D 1
310:
303:
296:
287:
164:case concerning
102:Court membership
84:2 Lloyd's Rep 61
64:20 February 2003
43:
29:
21:
1324:
1323:
1319:
1318:
1317:
1315:
1314:
1313:
1284:
1283:
1282:
1277:
1233:
1129:277 Park Avenue
1109:245 Park Avenue
1104:125 London Wall
1092:
1013:Lincoln Savings
1003:Jardine Fleming
897:
891:
834:
823:
714:
701:Gordon A. Smith
698:Daniel E. Pinto
673:
667:
658:
606:
601:
571:
570:
561:
557:
552:
528:
523:
514:
500:
488:
474:
460:
446:
432:
418:
406:
397:
391:
383:
375:
367:
353:
349:Redgrave v Hurd
341:
329:
317:
314:
284:
269:In the case of
219:
174:
125:
121:
117:
113:
83:
81:
79:
77:
75:
73:
46:
23:
22:
15:
12:
11:
5:
1322:
1320:
1312:
1311:
1309:JPMorgan Chase
1306:
1301:
1296:
1286:
1285:
1279:
1278:
1276:
1275:
1263:
1251:
1238:
1235:
1234:
1232:
1231:
1226:
1221:
1216:
1211:
1206:
1201:
1196:
1191:
1186:
1181:
1176:
1171:
1166:
1161:
1156:
1151:
1146:
1141:
1136:
1131:
1126:
1121:
1116:
1114:25 Bank Street
1111:
1106:
1100:
1098:
1094:
1093:
1091:
1090:
1085:
1080:
1075:
1070:
1065:
1060:
1055:
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1035:
1030:
1025:
1020:
1015:
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1005:
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985:
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975:
970:
965:
960:
955:
950:
945:
940:
935:
930:
925:
920:
915:
912:
907:
901:
899:
893:
892:
890:
889:
884:
879:
876:
874:Mellody Hobson
871:
866:
863:
858:
853:
848:
843:
839:
837:
829:
828:
825:
824:
822:
821:
816:
813:
808:
806:John J. McCloy
803:
798:
793:
788:
786:Blythe Masters
783:
778:
776:Temple Bowdoin
773:
768:
763:
758:
753:
748:
743:
741:George Peabody
738:
733:
728:
722:
720:
716:
715:
713:
712:
707:
702:
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691:
684:
682:
675:
669:
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661:
659:
657:
656:
651:
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638:
635:
630:
625:
620:
614:
612:
608:
607:
604:JPMorgan Chase
602:
600:
599:
592:
585:
577:
569:
568:
554:
553:
551:
548:
547:
546:
539:
534:
525:
524:
519:
516:
515:
505:
502:
501:
493:
490:
489:
479:
476:
475:
465:
462:
461:
451:
448:
447:
437:
434:
433:
423:
420:
419:
411:
408:
407:
402:
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398:
388:
385:
384:
372:
369:
368:
358:
355:
354:
346:
343:
342:
334:
331:
330:
325:Carter v Boehm
322:
319:
318:
315:
313:
312:
305:
298:
290:
283:
280:
273:v MEH (2008),
229:, Lord Steyn,
218:
215:
173:
170:
147:
146:
135:
134:
130:
129:
108:
107:Judges sitting
104:
103:
99:
98:
95:
91:
90:
86:
85:
70:
66:
65:
62:
58:
57:
55:House of Lords
52:
48:
47:
44:
36:
35:
24:
14:
13:
10:
9:
6:
4:
3:
2:
1321:
1310:
1307:
1305:
1302:
1300:
1297:
1295:
1292:
1291:
1289:
1274:
1273:
1268:
1264:
1262:
1261:
1252:
1250:
1249:
1240:
1239:
1236:
1230:
1227:
1225:
1222:
1220:
1217:
1215:
1212:
1210:
1207:
1205:
1202:
1200:
1197:
1195:
1192:
1190:
1187:
1185:
1182:
1180:
1177:
1175:
1172:
1170:
1167:
1165:
1162:
1160:
1157:
1155:
1152:
1150:
1147:
1145:
1142:
1140:
1137:
1135:
1132:
1130:
1127:
1125:
1122:
1120:
1117:
1115:
1112:
1110:
1107:
1105:
1102:
1101:
1099:
1095:
1089:
1086:
1084:
1081:
1079:
1076:
1074:
1071:
1069:
1066:
1064:
1061:
1059:
1056:
1054:
1051:
1049:
1046:
1044:
1041:
1039:
1036:
1034:
1031:
1029:
1026:
1024:
1021:
1019:
1016:
1014:
1011:
1009:
1006:
1004:
1001:
999:
996:
994:
991:
989:
986:
984:
981:
979:
976:
974:
971:
969:
968:First Chicago
966:
964:
961:
959:
956:
954:
951:
949:
948:Chemical Bank
946:
944:
941:
939:
938:CenTrust Bank
936:
934:
931:
929:
926:
924:
921:
919:
916:
913:
911:
908:
906:
903:
902:
900:
894:
888:
885:
883:
880:
877:
875:
872:
870:
869:Laban Jackson
867:
865:Timothy Flynn
864:
862:
859:
857:
854:
852:
849:
847:
844:
842:Linda Bammann
841:
840:
838:
836:
830:
820:
817:
815:Matthew Zames
814:
812:
809:
807:
804:
802:
799:
797:
794:
792:
789:
787:
784:
782:
779:
777:
774:
772:
769:
767:
764:
762:
761:John B. McCoy
759:
757:
754:
752:
749:
747:
744:
742:
739:
737:
734:
732:
729:
727:
724:
723:
721:
717:
711:
708:
706:
705:Marianne Lake
703:
700:
697:
695:
692:
689:
686:
685:
683:
679:
676:
670:
665:
655:
652:
650:
647:
645:
642:
639:
636:
634:
631:
629:
626:
624:
621:
619:
616:
615:
613:
609:
605:
598:
593:
591:
586:
584:
579:
578:
575:
565:
559:
556:
549:
545:
544:
540:
538:
535:
533:
530:
529:
522:
517:
512:
508:
503:
499:
496:
491:
487:
484:
483:
477:
473:
470:
469:
463:
459:
456:
455:
449:
445:
442:
441:
440:East v Maurer
435:
431:
428:
427:
421:
416:
415:
409:
405:
400:
395:
394:
386:
382:
379:
378:
370:
366:
363:
362:
356:
351:
350:
344:
339:
338:
332:
327:
326:
320:
311:
306:
304:
299:
297:
292:
291:
288:
281:
279:
276:
272:
267:
265:
262:
257:
254:
253:
248:
241:
238:
236:
235:Lord Hobhouse
232:
231:Lord Hoffmann
228:
224:
216:
214:
212:
211:HIH Insurance
208:
207:
202:
201:
196:
195:
190:
189:
184:
183:
178:
171:
169:
167:
163:
159:
155:
154:
144:
140:
136:
131:
128:
124:
123:Lord Hobhouse
120:
119:Lord Hoffmann
116:
112:
109:
105:
100:
97:EWCA Civ 1250
96:
92:
87:
71:
67:
63:
59:
56:
53:
49:
42:
37:
34:
30:
27:
19:
1270:
1258:
1246:
1219:McCoy Center
1199:Chater House
1139:Chase Center
933:Bear Stearns
878:Michael Neal
819:Steven Black
558:
541:
511:SI 2008/1277
480:
466:
452:
438:
424:
412:
389:
373:
361:Derry v Peek
359:
347:
335:
323:
268:
259:
250:
243:
239:
227:Lord Bingham
220:
204:
198:
192:
186:
180:
175:
152:
151:
150:
111:Lord Bingham
94:Prior action
89:Case history
32:
26:
1272:Wikiversity
1144:Chase Field
1048:Ord Minnett
896:Historical
861:Jamie Dimon
856:James Crown
846:Steve Burke
710:Jing Ulrich
688:Jamie Dimon
618:Beacon Rail
458:EWCA Civ 12
275:Lord Ramsey
1288:Categories
898:components
851:Todd Combs
781:Jes Staley
674:executives
623:Chase Bank
550:References
498:2005/29/EC
444:EWCA Civ 6
430:EWCA Civ 4
261:Lord Scott
223:Lord Steyn
182:Amy Foster
127:Lord Scott
115:Lord Steyn
1097:Buildings
1053:Providian
973:First USA
835:directors
833:Board of
611:Divisions
264:dissented
194:Apt Pupil
82:1 CLC 358
69:Citations
1248:Category
923:Bank One
672:Notable
628:Chase UK
396:1 QB 525
282:See also
217:Judgment
133:Keywords
80:ICR 1708
76:2 LLR 61
1260:Commons
681:current
486:UKHL 62
472:UKHL 10
61:Decided
719:former
381:UKHL 4
365:UKHL 1
188:U Turn
160:is an
72:UKHL 6
690:(CEO)
172:Facts
156:
143:Fraud
51:Court
203:and
1290::
266:.
233:,
197:,
191:,
185:,
168:.
141:,
596:e
589:t
582:v
513:)
509:(
309:e
302:t
295:v
20:)
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