MT ZOUZOU: detention, constructive total loss and mortgagee's interest insurance – Commercial Court clarifies scope of indemnity
The Commercial Court handed down judgment today in Piraeus Bank v Antares Underwriting Limited and others (‘The ZOUZOU’), providing clarity in respect of the proper construction and scope of indemnity cover of mortgagee’s interest insurance (MII) policies. Kennedys, together with Guy Blackwood QC and Benjamin Coffer of Quadrant Chambers, were instructed on behalf of the ...
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