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Judgment paragraph 187 (very kindly sent to me by a nice person at our online library service suppliers):

"As for MdR's position, it is common ground that it is insured for events such as this and that its insurance cover is sufficient to cover in full the loss suffered, should it not be excused from liability. In terms of balancing the relative effects or consequences of the breach of trust, it is apparent that MdR (with or without insurance) is far better able to meet or absorb it than Dreamvar...

188...I conclude that MdR ought not fairly to be fairly excused for the breach of trust, and that I should in any event in my discretion, decline the relief sought"


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