Ship Owner in Baltimore Crash Likely to Invoke 1851 Law to Cap Damages
Maritime law experts said Grace Ocean Private Ltd will almost certainly try to limit its liability in lawsuits expected to arise from the disaster.
Source: businessinsider.com
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Baltimore Bridge Strike Could Be the Most Expensive Marine Casualty Ever
Lloyd's of London expects that the payout for the Baltimore bridge strike will be exceptionally expensive, and it may even be the "largest ever ma...
Source: maritime-executive.com
19th-century law could limit bridge collapse payout
The ship that caused the Key Bridge to collapse could soon have ties to the Titanic. The owner could use a law from 1851 to limit the damage payout.
Source: wbaltv.com
How a 173-year-old law created for wooden ships could complicate rebuilding the Francis Scott Key Bridge in Baltimore
President Joe Biden said the U.S. government should foot the bill for repairs. Recovering any of those funds from the owner of the Dali may prove more challenging.
Source: fortune.com
How a 173-year-old law created for wooden ships could complicate rebuilding the Francis Scott Key Bridge in Baltimore
President Joe Biden said the U.S. government should foot the bill for repairs. Recovering any of those funds from the owner of the Dali may prove more challenging.
Source: aol.com