In a 9-0 decision, the U.S. Supreme Court held on February 21, 2024, that choice-of-law clauses in marine insurance contracts are presumptively enforceable under federal maritime law..
Nothing in Wednesday’s decision in Great Lakes Insurance v. Raiders Retreat Realty surprised anybody familiar with last fall’s oral argument. The argument revealed a bench deeply skeptical of the uncertainty maritime insurance contracts would face under a lower-court decision limiting the enforcemen
Supreme Court Finds for Insurer in Yacht Damage Case theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
The US Supreme Court ruled in favor of a Munich Re unit against a Pennsylvania yacht owner in a marine insurance dispute, emphasizing the need for predictability in maritime contracts.
Justices uphold federal maritime law s primacy for insurer in boat accident debacle courthousenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courthousenews.com Daily Mail and Mail on Sunday newspapers.