“Ocean Crown”

[2010] 1 Lloyds Rep 468

Timohty Brenton Q.C. – Salvage. Appeal to High Court arising out of second highest ever award under LOF.

Salvage — Remuneration — Assessment of award — Principle of encouragement — Whether tribunal entitled to take into account possibility that salvors might experience difficult economic conditions in future — Whether permissible to take into account actual economic conditions experienced between date of termination of the services and date of award — Whether principle in The Amerique applicable to complex and comprehensive cases.

Date added: November 26th, 2009


Area of Expertise

Admiralty