Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

LARSEN v. ANGLO-AMERICAN OIL COMPANY, LTD.

(1924) 20 Ll L Rep 39

HOUSE OF LORDS.

Before Viscount Cave, Viscount Finlay, Lord Shaw, Lord Wrenbury and Lord Carson.

Charter-Party-Insurance of chartered Norwegian ship-Agreement to insure for sum in Norwegian currency-Insurance effected in sterling-Waiver-Cover note accepted by brokers without objection- Ship lost-Incidence of loss due to variations in exchange - Consideration for agreement to insure-Mistake-Commission on estimated freight - Whether charterers entitled to commission as trustees for brokers.

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