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Tag "Court of Appeal"

Insurance firm Travelers to pay $2m for sunken yacht

Insurance firm Travelers to pay $2m for sunken yacht

Insurance company Travelers has been ordered to pay Ocean Reef Charters $2m in damages for a superyacht that sunk during Hurricane Irma in 2017. After a lengthy legal dispute, a judge upheld a Florida court’s  ruling for the insurers to

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MT Højgaard v. E.ON Court of Appeal decision

MT Højgaard v. E.ON Court of Appeal decision

MT Højgaard v. E.ON Court of Appeal decision: a shot across the bows for any builder using third party specifications and allowing fitness for purpose into their contracts Yacht builders frequently need to rely on specifications developed by third parties,

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