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Case review 16 ago 2022
MT ZOUZOU: Court of Appeal declines to hear mortgagee bank’s appeal of Commercial Court decision clarifying the scope of MII policy cover in MII underwriters’ favour
By an Order dated 15 August 2022, the Court of Appeal has refused Piraeus Bank’s application for permission to appeal the decision of the Commercial Court in Piraeus Bank v Antares Underwriting Limited and others (‘The ZOUZOU').
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Article 11 ago 2022
Overview of Shipping Laws and Regulations in Spain
In this publication, Kennedys experts answer a series of questions relating to Spanish shipping law and identify common issues, including marine casualty, cargo claims, passenger claims, arrest and security.
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Article 3 ago 2022
Russia – Ukraine crisis: will safe corridors be enough?
As the first vessel laden with corn departs Odesa port following Russia and Ukraine’s agreement on a ‘safe corridor’ for the shipment of grain stockpiles, we consider the associated challenges for the marine industry and its insurers.
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News 29 jul 2022
Lift off for Kennedys with three new partner hires and ninth US office opens in Houston, Texas
We are delighted to announce we have opened a new office in Houston, Texas – our second in the State and ninth in the US.
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Article 21 jul 2022
Ongoing efforts to tackle piracy in the Gulf of Guinea
Encouraging statistics released by the International Maritime Bureau in its half-year report of 2022 suggests a reduction in the number of reported cases of piracy in one of the world’s most notorious locations for kidnaping and piracy – the Gulf of Guinea.
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Article 19 jul 2022
Marine Brief: latest decisions July 2022
In this briefing, we consider some recent decisions covering wilful misconduct under the CMR, apportionment of liability under the Collision Regulations, the construction and scope of indemnity cover of mortgagee's interest insurance policies and the power of a ship’s master to arrest or confine a person on a ship at common law.
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Case review 18 jul 2022
Late payment of claims: being wrong but not unreasonable
In Quadra Commodities v XL Insurance, the first decision on s.13A of the Insurance Act 2015, insurers were found not liable for damages for late payment despite the insured’s policy claim succeeding.
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Article 15 jul 2022
Bar to English judgments being enforced in China lifted
An order handed down by the Shanghai Maritime Court recognising the principle of judicial ‘legal’ reciprocity has recently been approved by the People’s Republic of China (PRC) Supreme Court, opening the door for English High Court judgments to be enforced against PRC entitles.
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News 13 jul 2022
Kennedys finds (re)insurers’ changing underwriting practices key to net zero transition
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
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Report 13 jul 2022
Rewriting the risk: Addressing the challenge of climate change
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.