HSBC RAIL (UK) LTD v NETWORK RAIL INFRASTRUCTURE LTD

[2006] 1 Lloyd's Rep. 358

COURT OF APPEAL

Before Sir Andrew Morritt C, Lord Justice Longmore and Lord Justice Lloyd

Negligence - Rolling stock damaged as result of Hatfield crash - Rolling stock leased by owner to train operating company at time of crash - Insurer paying for repairs and bringing subrogated proceedings in name of owner of rolling stock - Owner of rolling stock having reversionary interest only - Whether owner entitled to sue - Whether damage to rolling stock constituted permanent injury - Whether insurer entitled to sue in reversioner’s name by way of subrogation.