LLOYD'S NEW STANDARD FORM OF SALVAGE AGREEMENT

After two years, the Working Party of Lloyd's Open Form--with the approval of the Committee of Lloyd's--announced a New Standard Form of Salvage Agreement. This new form will cover 80% of all salvage operations, and will have a significant impact on your business. However, The New Standard Form leaves many questions unanswered. Exactly how will the new form be interpreted by courts and arbitrators? How will the expenses incurred in a salvage operation be allocated among the parties? What are your options? The papers, by leaders from all segments of the industry, offer answers to these and other questions. Included is an edited transcript of the lively and significant two hour question-and-answer sessions in which the delegates got answers to their most telling inquires.

  • Supplemental Notes:
    • Price $50.00.
  • Corporate Authors:

    Lloyd's of London Press

    817 Broadway
    New York, NY  United States  10003
  • Publication Date: 1981

Media Info

  • Pagination: n.p.

Subject/Index Terms

Filing Info

  • Accession Number: 00330948
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 21 1981 12:00AM