Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ATTALEIA MARINE CO. LTD. v. BIMEH IRAN (IRAN INSURANCE CO.) (THE “ZEUS”)

[1993] 2 Lloyd's Rep. 497

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Phillips

Insurance (Marine) - Average adjustment - Vessel struck and damaged by sea skimming missile - Average adjusters issued certificates of adjustment - Whether payments on account irrecoverable - Whether average adjustment conclusive - Whether guarantee given in respect of insurance policy an agreed mechanism for payment.

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