Practice question
Explain Artex’s treatment of a claimed third-party benefit under reinsurance and its distinction from release of the original insurer.
Legal references
- Artex Development Co. v. Wellington Insurance Co., G.R. No. L-29508, June 27, 1973, main decision: https://lawphil.net/judjuris/juri1973/jun1973/gr_29508_1973.html
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