The court was asked whether the claimant owners can apply to the court to require the defendant PandI club to increase the level of security available under a letter of undertaking issued by the club to the owners on 31 October 2013. In summary, the owners say that the use of the words ‘liberty to apply’ in the LOU means that the court has power to make such a requirement. The club says that the court has no such power.
Blair J
[2016] EWHC 1091 (Comm)
Bailii
England and Wales
Transport, Contract
Updated: 17 January 2022; Ref: scu.565731