Practitioners advising on liability insurance should note that cap and collar agreements dependent on arbitral outcomes do not constitute settlements crystallising insured liability, and that the professional services exclusion may capture all aspects of an engineering assignment including welding and representations about service quality.
The full text is available to signed-in members, including the 29 later cases that cite this judgment.
9 of the 29 citing cases carry a classified treatment. How each court treated it is available to signed-in members.