Jurisdiction clauses and their effects on foreign (US) affiliates

Monday, May 6, 2013 Veröffentlichungen

Article by Dr. Mark Wilhelm and Dr. Anja Mayer in Versicherungspraxis 05/2013

Parent companies usually conclude comprehensive insurance contracts for themselves and their national and international affiliates. Such contracts often contain a separate jurisdiction clause in addition to the choice of law clause.

But if a coverage dispute arises after the occurrence of damage to a foreign affiliate, it is questionable whether this affiliate (as insured) is bound to the agreement on jurisdiction.

 

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