Claimant 'Names' welcome the 21 May decision to implement a full investigation of the Lloyd's of London insurance market.
The inquiry will establish the answer to a simple question: did the UK government apply Insurance Directive 239 to Lloyd's between 1973 and 2000?
If the answer is 'no', then the aims of Lloyd's Chairman Lord Levene to bankrupt as many names as quickly as possible will cost the government dearly.
In the past six years, I have witnessed the spectacle of British judges apparently manipulating English law and civil court practice procedures to provide Lloyd's with political judgements exonerating the insurer of fraud. Meanwhile, Lord Levene rubs his hands at the prospect of cashing in on Equitas premium judgements, which lawyers and combatants know are unsafe because the judiciary declined to inspect the original, incomplete, reconstruction and renewal contracts.
I wish the Committee of Inquiry God speed in commencing an investigation into one of the most appalling crimes ever committed on English soil.
