Search

A marine surveyor in Germany was engaged by charterers to attend the loading of a cargo and report on any damage caused by the stevedores. The subsequent emailed instructions contained (in…

ITIC has reported a case in which hull and machinery insurance underwriters commenced proceedings against a marine consultancy firm for alleged negligence in failing to properly review shipyard…

A marine surveyor was appointed by the owners of a ship that had been involved in a major casualty which had involved significant loss of life. There were potential criminal charges arising out of…

Often ITIC’s surveying members are asked by ship owners, with whom they have no contract, to sign an indemnity, disclaimer, waiver or release in favour of the ship owner, before they are granted…

Chapter 11 is typically used to reorganize a business, which may be a corporation, sole proprietorship, or partnership... Unless the court orders otherwise, the debtor must file with the court: (1)…

We have recently seen some high profile insolvency cases such as the South Korean container line Hanjin Shipping Co Ltd.  Hanjin was, at the time of their collapse, the seventh largest container…

Standard Terms and Conditions (Terms) are usually drafted to deal with the mundane matters that govern all contractual relationships, whereas the actual work to be performed will usually be…

Often when companies are in a long term relationship and/or there are several projects contemplated the client will suggest a Master Service Agreement (“MSA”) be agreed. The MSA usually provides…

ITIC has been providing Professional Indemnity insurance to companies in the Middle Eastern region for over 30 years. There are more than 60 members based in the region, some of whom have been…

ITIC has been providing Professional Indemnity insurance to the Australian market for over 20 years, with ITIC policies now being underwritten via a fellow Thomas Miller managed company, the TT Club,…