Royal & Sun Alliance v. The "Renegade III", 2001 FCT 1050

In Admiralty Practice, Stays of Proceedings on (Updated )

This was an application for a stay of proceedings. The applicant was the owner of the Defendant yacht which had been damaged during the 2000 Victoria-Maui race. The applicant made a claim under his insurance policy for approximately $122,000 which was paid except for the sum of approximately $12,000. Subsequent to the payment the underwriters learned of circumstances which might …

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