LCC: Constructive Total Loss and SCOPIC

Capt. John

James Turner, QC of Quandrat Chambers

Members will be aware of the significant Court of Appeal judgment in “The Renos” last year. The claim dealt with the question of whether SCOPIC costs could count towards a CTL calculation in a Hull and Machinery claim. Because of the way in which SCOPIC operates, it is more likely to apply in the salvage of smaller vessels, so the ruling was of particular interest to our type of membership.

The case has now been listed for appeal at the Supreme Court, with a...

http://www.allaboutshipping.co.uk/2019/02/06/lcc-constructive-total-loss-and-scopic/

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