Lloyd’s Market Association Bulletin
On Monday 23 June, the LMA hosted a launch event to introduce the General Documentation Clause to the market and facilitate discussion around its purpose and application. The event was recorded and can be viewed here.
Following the event, we have published a document addressing some frequently asked questions about the clause.
Disclaimer: All LMA model documents are purely illustrative and are published and distributed for the guidance of Lloyd’s managing agents, brokers and other market participants and does not constitute legal advice. All contracting parties are free to agree to different conditions/amend the model documents as they see fit; the LMA does not protect its intellectual property rights over model documents. It is for underwriters to decide whether any contractual language is acceptable on any given risk.
Arabella Ramage
Legal and Regulatory Director
arabella.ramage@lmalloyds.com