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Charterers’ Orders

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Idemnity
Last updated: 12-Jun-2015

Per Staughton LJ in The Eurus [1998] 1 Lloyd’s rep 351 at p.357:

The word "indemnity" is likewise used in two senses. It may mean simply damages awarded for tort or breach of contract.

Alternatively the word "indemnity" may refer to all loss suffered which is attributable to a specified cause, whether or not it was in the reasonable contemplation of the parties.


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