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Results: 1-10 of 47

In response to expropriation, London insurers withdraw maritime war-risk coverage as to Venezuela

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom, Venezuela
  • -
  • June 26 2009

London’s marine insurance market announced recently that it has withdrawn maritime war-risk coverage for Venezuela (including Lake Maracaibo), as well as the nation’s "Exclusive Economic Zone," which stretches up to 20 nautical miles off the South American country’s shores

English Commercial Court explores scope of the West Tankers decision

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • April 16 2009

In National Navigation Co v Endesa Generacion SA 2009 EWHC 196 (Comm) a shipowner, National Navigation Co (National) made two applications to the English court in relation to a dispute with a Spanish electricity company, Endesa Generacion SA (Endesa

Clarifying 'inherent vice'

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • April 17 2009

The claimant insured held an 'all risks' policy with the defendant insurer

Court of Appeal clarifies the scope of the West Tankers decision

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 22 2009

In National Navigation Co v Endesa Generacion SA 2009 EWCA Civ 1397 the Court of Appeal overturned the first instance judgment of Mrs Justice Gloster and held that the English court was bound by an earlier decision of the Spanish court to the effect that no arbitration clause was incorporated into the relevant contract

Notice of approximate redelivery date by time charterer does not give rise to promissory estoppel and prevent subsequent change

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • April 27 2009

In IMT Shipping & Chartering GMBH v Chansung Shipping Co Ltd, owners of Zenovia 2009 EWHC 739 (Comm), the appellant time charterer appealed against the decision of arbitrators concerning the status and effect of a notice of approximate redelivery date given by the charterer to the respondent ship owners

London insurers: Iran on high risk area list as sanctions loom

  • Edwards Wildman Palmer LLP
  • -
  • Iran, United Kingdom
  • -
  • March 31 2010

According to a recent report from Reuters, London's marine insurance market has added Iran to a list of areas deemed high risk

Court of Appeal seeks guidance from Europe on an insurer's right of recovery under the Road Traffic Act 1988

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 26 2010

The Court of Appeal has asked for guidance from the Court of Justice of the European Union on the compatibility with Community law of a provision in the Road Traffic Act 1988 (the RTA) governing an insurer's right of recovery

Piracy does not pay: High Court rules on the interpretation of actual and constructive total loss

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • June 3 2010

Mr Justice David Steel handed down his judgment in the case of Masefield AG v Amlin Corporate Member 2010 EWHC 280 (Comm) on 18 February 2010

Underwriters obliged to disclose confidential documents following fraud by third party

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 4 2010

Underwriters can be ordered to disclose documents related to an application against them for a third party costs order under the Senior Courts Act s

Law Commission publishes Issues Paper 9 proposing repeal of the need for a formal marine policy

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 5 2010

On 29 October 2010, the Law Commission published an Issues Paper on whether the requirement for a formal marine policy under section 22 of the Marine Insurance Act 1906 should be repealed