Willkommen auf der ITIC Webseite in deutscher Uebersetzung. Die Uebersetzung dient nur der Information. Nicht alle Seiten sind ins deutsche uebersetzt. Einige Seiten sind nur auf englisch erhaeltlich. Wenn Sie Hilfe brauchen dann melden Sie sich bitte bei uns.

Two expensive Russians

A ship agent in the Middle East agreed to "look after" two old Russian flag ships prior to sale.  This decision cost the Club a large amount of money.  Parties from the Middle East, who were owed approximately US$3,000,000, arrested the ships, and joined the ship agents into the action.  A deal was eventually worked out with the creditors but the lawyer appointed by the Club to defend the ship agent was entitled to a  fee equivalent to 10% of the claim and eventually agreed to discount this fee to US$125,000.

You are currently offline. Some pages or content may fail to load.