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First recorded activity by BoatBanter: Jul 2006
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Default $500K yacht dropped onto dock


Gene Kearns wrote in message
...

I would guess that there are *very, very, few* *specifically
negotiated* hold harmless clauses. Indemnification can be looked at as
a sort of insurance..... it does *NOT* protect any party from gross
negligence and the well founded issues of bailment.

When the boatel accepts consideration for housing the bailor's
property they are held to a pretty high standard of care. Prior
negotiation of financial responsibility is fine, but I can't image
that any court of law in any country would allow the bailee to skip
without exercising reasonable and prudent care of the bailor's
property.



One of the very few things I remember from Business Law 101 is that what
seems logical and to be common sense in deciding cases like this ....
usually isn't in the eyes of the law or court.

Eisboch


 
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