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MARINE AND ENERGY INSURANCE

The “RENOS” – The Supreme Court settles the law on allowable CTL costs – no more “dry lemons”…

On 12 June 2019, the Supreme Court handed down its judgment holding that: a) Pre-Notice of Abandonment (NOA) costs do count towards the CTL calculation – dealing with an issue which had not been addressed by English courts for over fifty years; and b) SCOPIC costs do not constitute “costs of repairing the damage” for […]

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