Poole & Ors v Her Majesty's Treasury

Poole & Ors v Her Majesty's Treasury

Directive 73/239/EEC does not grant rights to Lloyd’s Names; claims are statute-barred under section 2 Limitation Act 1980; Community law does not require extension of limitation; no relevant rights arise for Claimants; claims fail on both grant of rights and limitation grounds.

Parties
Claimant: Frederick Thomas Poole and Others; Defendant: Her Majesty’s Treasury
Jurisdiction
England and Wales
Judgment Date
08 November 2006
Procedural Posture
Group Litigation / Judgment After First Sub Trial
Outcome
Claims dismissed
Legal Topics
Failure to Implement EU Directive, State Liability, Limitation of Actions, Regulation of Lloyd’s, Solvency Requirements, Francovich/factortame Liability

Case Brief

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Parties

Frederick Thomas Poole and Others

Claimant

Her Majesty’s Treasury

Defendant

Procedural Posture

Group Litigation / Judgment After First Sub Trial

  1. 1 Whether Directive 73/239/EEC (Insurance Directive) grants rights to Lloyd’s Names
  2. 2 Whether claims are statute-barred under English law
  3. 3 Whether Community law principles affect limitation

Ratio Decidendi

Directive 73/239/EEC does not grant rights to Lloyd’s Names; claims are statute-barred under section 2 Limitation Act 1980; Community law does not require extension of limitation; no relevant rights arise for Claimants; claims fail on both grant of rights and limitation grounds.

Court Disposition

Claims dismissed

Orders

  • Claims by Lloyd’s Names against Her Majesty’s Treasury are dismissed.
  • Costs and ancillary matters to be determined.