The decision of The Supreme Court of the UK in the case of The LONGCHAMP

On 25 October 2017 the Supreme Court handed down its judgment in the Longchamp case. 

This case concerned the application of Rule F of the York-Antwerp Rules in relation to vessel operating expenses incurred by the shipowners while a ransom payment was being negotiated with pirates. The allowance of these expenses as general average was generally considered to be controversial and the judgment may have an impact on issued, pending and future general average adjustments. 

A paper prepared by Michael Harvey reviewing the judgment and considering its possible impact can be downloaded here.

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