Opinion ID: 70442
Heading Depth: 3
Heading Rank: 1

Heading: English Law

Text: 25 On appeal, Morewitz concedes that attempting to arbitrate this dispute in England would be futile. In 1990, the House of Lords held that when the terms of an insurance policy require the insured to pay its obligation before it may collect against the insurer, the insured must pay before any other party can sue on the contract. 11 Firma C-Trade S.A. v. Newcastle Protection and Indem. Ass'n, 2 Lloyd's Rep. 191 (H.L.1990). Because under English law, such payment is a 'condition precedent' to a direct suit against the insurer, plaintiffs cannot proceed under English law. Psarianos v. Standard Marine Ltd., 12 F.3d 461, 464 (5th Cir.) (footnote omitted), cert. denied, --- U.S. ----, 114 S.Ct. 2164, 128 L.Ed.2d 887 (1994).