Essays about: "Sue and Labour"

Found 2 essays containing the words Sue and Labour.

1. 1. The Concept of Sue and Labour in Marine Insurance Law

   University essay from Lunds universitet/Juridiska institutionen

   Author : Amir Tayari; [2013]
   Keywords : Law; Marine Insurance Law; Sue and Labour; Marine Insurance Policy; Aversion and Minimization of Loss; Cessation of Sue and Labour; Law and Political Science;

   Abstract : The concept of sue and labour had existed in marine insurance from almost 400 years ago. Although this concept is a venerable concept but it is still alive and flourishing in the field of marine insurance law. READ MORE

3. 2. Sue and Labour Clause in H&M and P&I Insurances – A Comparative Study of Its Practical Operation and Efficiency

   University essay from Lunds universitet/Juridiska institutionen

   Author : Jekaterina Badejeva; [2010]
   Keywords : Maritime law; Law and Political Science;

   Abstract : Section 78(4) of the Marine Insurance Act 1906 (hereinafter referred to as the “MIA 1906”) imposes a duty on the assured “in all cases to take such measures as may be reasonable for the purpose of averting or minimising a loss”. In addition to this statutory duty, under the most widely used H&M (hull and machinery) forms as well as in accordance with the so-called P&I (protection and indemnity) Club Rule-books (hereinafter referred to as the “P&I Club Rules”) the assured is under a corresponding contractual obligation. READ MORE