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![]() On Jan 24, 3:20 pm, Dave wrote: On Wed, 24 Jan 2007 11:29:28 -0800, "Capt. JG" said: We all know that we're required to help fellow boaters,Where do you find this requirement? Just because you have a contract doesn't mean you're limited to what you'll insist on collecting.Simply a wrong statement of the law. In other words, your Lloyds contract isn't worth it and best not used. If one has to use a contract to feel more secure, one based and enforced by US jurisdiction would be more appropriate; thus, the one I mentioned from BoatUS.Why do you believe US courts would not enforce the LLoyds contract? Does it call for jurisdiction and venue exclusively in another jurisdiction? Yes. But keep in mind, Lloyds insures most of the worlds ships and cargo's. I'm sure London has 100's of lawyers that do nothing but work for salvors and ship owners. It's the Mecca of Sea Lawyers...they have a rich history of diving up booty . Joe http://web.uct.ac.za/depts/shiplaw/fulltext/lof2000.pdf I. Arbitration and the LSSA Clauses: The Contractors' remuneration and/or special compensation shall by arbitration in London in the manner prescribed by Lloyd's Standard Salvage and Arbitration Clauses Clauses") and Lloyd's Procedural Rules. The provisions of the LSSA Clauses and Lloyd's Procedural deemed to be incorporated in this agreement and form an integral part hereof. Any other difference arising agreement or the operations hereunder shall be referred to arbitration in the same way. J. Governing law: This agreement and any arbitration hereunder shall be governed by English law. |