Lloyd's Maritime Law Newsletter

(Sheen J.) - 8 December 1989 In May 1985 the vessel Tacoma City was in ballast off the Danish coast awaiting orders when her owners, the Reardon Smith Group of companies, announced that they were ceasing to trade. On 4 June 1985 a writ in rem was..

30 November 1989 The vessel Maira became a total loss in April 1978. She was insured for $10 million. The insurance proceeds were insufficient to enable the vessel’s owners to repay the National Bank of Greece under an agreement dated 8..

The defendants were an American company carrying on business in New York and London. The first plaintiffs were a United Kingdom company and were the parent company of the second plaintiffs who were a New York company carrying on business in New..

New York shipbrokers were entered with a London P. & I. Club for inter alia shipbrokers’ third-party liabilities and legal expenses. Costs were incurred by the shipbrokers in connection with defending certain proceedings brought by a..