Marine Link
Friday, October 21, 2016

Court Interprets Settlement Agreement

February 10, 2005

The U.S. Court of Appeals for the First Circuit interpreted a settlement agreement between an insurance company and a shipowner in order to determine whether the insurance company was entitled to share in the shipowner’s subsequent settlement with a third party in a claim relating to loss of the ship. Home Insurance Company v. Pan American Grain Manufacturing Co., Inc., No. 03-2625 (1st Cir., February 4, 2005)(HK LAW)

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

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