Essays about: "Duncan Richmond"
Found 1 essay containing the words Duncan Richmond.
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1. Third Party Claims against P&I Clubs and the “pay to be paid” Rule
University essay from Lunds universitet/Juridiska institutionenAbstract : The “pay to be paid” Rule is a fundamental component of Protection & Indemnity (hereinafter referred to as “P&I”) insurance policies, which requires a Club Member to discharge his liabilities to the injured third party before he can be indemnified by the P&I Club. If the Club Member cannot compensate the third party as a result of insolvency, the third party is denied full satisfaction of his judgment against the Member. READ MORE
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