STORY FROM: Reinsurance & Arbitration
"Functus Officio: The Clarification Exception"
December 3, 2017
[Editor's note: Mr. Hall is a former law firm partner, a former insurance and reinsurance executive and acts as an expert witness and insurance consultant as well as an arbitrator and mediator of insurance and reinsurance disputes. The views expressed in this article are those of the author and do not reflect the views of his clients. Copyright 2017 by the author. Other articles on insurance, reinsurance, receiverships and alternative dispute resolution may be found at the author’s website: robertmhall.com.]
Functus offico is Latin for “a task performed”. In the context of arbitrations, it means that once the ...