Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

MARIDIVE & OIL SERVICES (SAE) AND ANOTHER v. CNA INSURANCE CO. (EUROPE) LTD. [2002] EWCA Civ 369

[2002] 2 Lloyd's Rep. 9

COURT OF APPEAL

Before Lord Justice Ward, Lord Justice Chadwick and Lord Justice Mance

Charter-party (Time) - Lease bond - Demand - Limitation of time - Charter required payment guarantee in form of lease bond - P. & I. club named as obligee in bond - Charter ended prematurely - Claimants made demand under bond - Whether demand valid - Contractual time bar in bond - Whether claimant could rely on demand made subsequent to commencement of proceedings.

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