CAPEL-CURE MYERS CAPITAL MANAGEMENT LTD.v.McCARTHY AND OTHERS

[1995] LRLR 498

QUEEN’S BENCH DIVISION(COMMERCIAL COURTS)

Mr. Justice POTTER:

Insurance (Stock Exchange) - Indemnity - Costs and liabilities - Claim brought against plaintiffs for damages for breach of contract, breach of fiduciary duty and breach of statutory duty arising out of alleged misuse of securities - Plaintiffs incurred costs in investigating and defending claim - Whether defendants obliged to indemnify plaintiffs - Financial Services Act, 1986, s. 62.