Wreck Removal - Admiralty Law

Universal Sales Limited v. Edinburgh Assurance Co. Ltd., 2012 FC 1192

In Costs and Security for Costs, Marine Insurance on October 12, 2012 (Updated November 24, 2012)

In prior reasons (2012 FC 418) the plaintiff had been awarded judgment against the defendants in the amount of approximately $5 million. These reasons dealt with the outstanding issues of interest and costs. With respect to interest, the issues were: should the plaintiff be deprived of part of the interest because of delay in prosecuting the matter; from what date …

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Liability of Underwriters for Expenses - Marine Insurance - Sue and Labour - Wreck Removal

Universal Sales Limited v. Edinburgh Assurance Co. Ltd., 2012 FC 418

In Marine Insurance on April 12, 2012 (Updated July 17, 2012)

Précis: Underwriters were required to reimburse the assured for a settlement payment made in respect of an action for wreck removal costs.

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