Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GLOBAL TANKERS INC. v. AMERCOAT EUROPA N.V. AND RUST (THE "DIANE")

[1977] 1 Lloyd's Rep. 61

QUEEN'S BENCH DIVISION

Before Mr. Justice Kerr

Contract-Guarantee-Third party proceedings -Anti-corrosive painting of vessel's tanks- 3-year guarantee "backed by insurance"- Claim under guarantee settled for £120,800- Whether underwriters liable to indemnify defendants.

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