Law360, London (November 4, 2019, 5:49 PM GMT) -- A London judge ruled Monday that a cargo ship owner seeking $1 million from insurers for costs incurred when the vessel ran aground wasn’t entitled to an unqualified recovery while the question of liability for the incident was still undecided.
The decision by High Court Judge Mark Pelling in litigation brought by shipping company Navalmar UK Ltd. addressed whether guarantees issued by Ergo Versicherung AG and Chubb European SE precluded the insurers from raising their defense in the matter: that the owner was at fault for not making sure the vessel was seaworthy and properly equipped.
The pretrial question concerned a...
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