Damages for whisky shipment

A row between whisky manufacturers William Grant and Sons and Lloyd's underwriters is heading for the High Court. Grants is seeking damages after losing almost £2 million on a contract to ship whisky to Iraq. After it shipped whisky worth £1,400,950 to Iraq in 1988, the Revolutionary Command Council of the Republic of Iraq banned payments to UK companies. Grants is suing insurance underwriters, Paul Hunt and others for failing to meet their claims in respect of the non-payment.