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Piraeus Bank Ae v Antares Underwriting Ltd and Others: ComC 17 May 2022

This case concerns whether the prolonged detention of a vessel in Venezuela gave rise to a constructive total loss of that vessel under the owners’ war risks policy and if so, whether the mortgagees under a mortgagees’ interest policy of insurance can recover an indemnity in respect of their loss as assignees and loss payees under the owners’ war risks policy.

Judges:

The Hon Mr Justice Calver

Citations:

[2022] EWHC 1169 (Comm)

Links:

Bailii, Judiciary

Jurisdiction:

England and Wales

Transport

Updated: 23 May 2022; Ref: scu.677752

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