Two books authored by members of Essex Court Chambers – Richard Jacobs QC, Paul Stanley QC and David Scorey – have been jointly awarded the 2012 British Insurance Law Association (BILA) Prize. The prize is awarded annually by BILA for the most notable contribution to literature in the field of insurance law.
The books are:
- Liability Insurance in International Arbitration: the Bermuda Form by Richard Jacobs QC, Lorelie S. Masters and Paul Stanley QC. 2nd Edition (Hart Publishing, Oxford, 2011)
- The Bermuda Form: Interpretation and Dispute Resolution of Excess Liability Insuranceby David Scorey, Richard Geddes and Chris Harris. (OUP, Oxford, 2011)
The subject of both winning books is the “Bermuda Form”, a liability insurance policy form governed by New York law but requiring arbitration in London. The prize was awarded by Alison Green, Chair of the BILA Trust, in the Old Library at Lloyd’s on 19 October 2012. The judges include Professor Emeritus Malcolm Clarke of Cambridge University and Professor Robert Merkin of Southampton University.
In his 2012 review in The Journal of Business Law, Professor Merkin said: “The two books should be seen as complementary rather than competing. Each is a tour de force on the interaction of English procedural law and New York substantive law. The clause-by-clause in-depth analysis of the various terms of the Bermuda Form is excellent in both”.