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DTSTART;TZID=Europe/London:20230418T120000
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DTSTAMP:20260409T220844
CREATED:20230315T140737Z
LAST-MODIFIED:20230315T140737Z
UID:80753-1681819200-1681822800@staging.limestreetguide.com
SUMMARY:Some more constructive thoughts on Constructive Total Loss
DESCRIPTION:This IUA hybrid market briefing will aim to provide an in-depth study of Constructive Total Loss in the law and practice of marine insurance. \nDescription\nIn marine insurance\, a constructive total loss (CTL) is the name given to those instances of loss and damage where the ship or cargo is not actually lost\, yet there are reasons to treat it as being lost from a commercial point of view. One such example is where costs of repair exceed the ship’s value\, much as with the “write-off” of a car. \nRecent years have seen important decisions on CTL including The B Atlantic\, The Brillante Virtuoso\, and The Renos. It is and remains a complicated area of marine insurance law and practice. \nAt this market briefing\, our guest speakers aim to provide those who work within the maritime sector with an in-depth study of current issues including: \n\nThe types of CTL: the drafting of sect. 60\, MIA 1906\nDeprivation of possession: what are the relevant tests?\nBest practice when claiming a CTL on figures; obtaining repair specifications and yard quotes.\nJudicial approaches to evaluating CTLs: allowances for unforeseen/increased costs.\nThe role of the notice of abandonment\nWhat are the pre-conditions for additional sue and labour charges\, and when do they end?\nThe insurer’s rights on payment\n\nSpeakers\n\nPeter MacDonald Eggers K.C.\, 7 King’s Bench Walk\nRichard Sarll\, Barrister\, 7 King’s Bench Walk\n\n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://staging.limestreetguide.com/event/some-more-constructive-thoughts-on-constructive-total-loss/
LOCATION:Balls Brothers\, Minster Court\, Mincing Lane\, London\, EC3R 7PP\, United Kingdom
CATEGORIES:Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://staging.limestreetguide.com/wp-content/uploads/2016/11/image-international-underwriting-association-e1568834983483.png
ORGANIZER;CN="International Underwriting Association":MAILTO:info@iua.co.uk
GEO:51.5116244;-0.0806794
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Balls Brothers Minster Court Mincing Lane London EC3R 7PP United Kingdom;X-APPLE-RADIUS=500;X-TITLE=Minster Court\, Mincing Lane:geo:-0.0806794,51.5116244
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