Subrogation: claims against co-assureds
In Gard Marine & Energy Ltd v China National Chartering Co. Ltd and Others (The Ocean Victory)  EWHC 2199 (Comm), Teare J held that the hull underwriter was entitled to bring a subrogated claim against the demise charterer for breaching a safe port warranty even though the demise charterparty contained a clause under which the owner and demise charterer were co-assureds. The decision is discussed by Ben Smiley of 4 New Square.
The Ocean Victory
: the facts
The rest of this document is only available to i-law.com online
If you are already a subscriber, please enter your details below to log in.