Titanic law helps ship owner limit bridge collapse liability
The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims.
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The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims.
The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles
International Business News: Maritime experts predict a complex legal battle following the Baltimore bridge accident involving the Dali container ship. However, legal specialists
A 1851 law could lower the exposure to tens of millions of dollars by capping the ship owner’s liability at how much the vessel is worth after the crash, plus any earnings it collected from carrying the freight on board, said Martin Davies.
An 1851 law mostly caps liability at ship’s value after crash