The obligation to accept a reasonably satisfactory security offered following a collision

Capt. John

Stella Kounakou, London-based Shipowners Club Claims Executive, has written on the recent case of Pacific Pearl Co Limited v. Osios David Shipping Inc [2022] EWCA Civ 798, in which it was decided that, when a party to ASG2 is offered security “in a form reasonably satisfactory”, it was obliged to...

https://insurancemarinenews.com/insurance-marine-news/the-obligation-to-accept-a-reasonably-satisfactory-security-offered-following-a-collision/

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