Court dismisses challenge to pay to be paid clause in charterers’ liability insurance
MS Amlin Marine NV on behalf of MS Amlin Syndicate AML/2001 -v- King Trader Ltd & others (Solomon Trader) [2024] EWHC 1813 (Comm)
In a dispute over whether third parties were prevented by a “pay to be paid” clause from bringing a claim against insurers under a charterers’ liability insurance, the Court has confirmed that, in the context of marine insurance, such clauses are valid and will be upheld.
United Kingdom, Insolvency & Restructuring, Insurance, Litigation, Hill Dickinson, House of Lords, Third Parties (Rights against Insurers) Act 1930 (UK), Third Parties (Rights against Insurers) Act 2010 (UK)