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“Sea Breeze” Richard Henry Outhwaite –v- Commercial Bank Of Greece S.A.

23rd Jul 1986

[1987] 1 Lloyds Rep 372

Gavin Kealey – Insurance (Marine) – Breach of warranty – Vessel a total loss – Institute Time Clauses Hulls incorporated – Whether underwriters liable to indemnify mortgagees – Whether managing owner’s interest insurance effected by or for account of managing owners – Whether breach of warranty.