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Lloyd's Law Reports

FIRMA C-TRADE S.A. v. NEWCASTLE PROTECTION AND INDEMNITY ASSOCIATION (The “FANTI”)

[1987] 2 Lloyd's Rep. 299

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Staughton

Insurance (Marine) - P. and I. risks - Carriage by sea - Water entered vessel - Cargo and vessel abandoned - Cargo-owners obtained judgment in default against shipowners - Judgment unsatisfied - Whether cargo-owners could recover direct from shipowners’ P. and I. club - Third Parties (Rights against Insurers) Act, 1930.

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