The claimant’s yacht ‘Galatea’ caught fire at her mooring in the Athens Marina. As a result of the fire, the yacht was damaged beyond economic repair. The defendant insurers had agreed to insure the Yacht against all risks for an agreed value of 13 million Euros. In this action the claimant is seeking to recover that sum from Insurers. Insurers accept that the loss was an accident of a kind which the policy was intended to cover. They deny liability to pay the claim, however, on a number of grounds.
Leggatt J
[2015] EWHC 2225 (Comm)
Bailii
England and Wales
Cited by:
Main Judgment – Involnert Management Inc v Aprilgrange Limited and Others ComC 8-Oct-2015
Date from which interest was to run on principal damages award. . .
Lists of cited by and citing cases may be incomplete.
Insurance
Updated: 03 January 2022; Ref: scu.551296