Lloyd's Maritime Law Newsletter
New South Wales Leather Co. Pty Ltd. v. Vanguard Insurance Co. Ltd. - Supreme Ct. of New South Wales (Adm.Div.) (Carruthers J.) - 16 March 1990
Marine insurance - Goods “lost or not lost” clause
The plaintiffs were importers of leather. They took out an open “Marine Policy” with the defendant insurance company. The
policy contained a goods “lost or not lost” clause.