FIRMA C-TRADE S.A. v. NEWCASTLE PROTECTION AND INDEMNITY ASSOCIATION (The “FANTI”)
[1987] 2 Lloyd's Rep. 299
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Staughton
Insurance (Marine) - P. and I. risks - Carriage by sea - Water entered vessel - Cargo and vessel abandoned - Cargo-owners obtained judgment in default against shipowners - Judgment unsatisfied - Whether cargo-owners could recover direct from shipowners’ P. and I. club - Third Parties (Rights against Insurers) Act, 1930.