HANDELSBANKEN NORWEGIAN BRANCH OF SVENSKA HANDELSBANKEN AB (PUBL) v. DANDRIDGE AND OTHERS (THE “ALIZA GLACIAL”) [2002] EWCA Civ 577

[2002] 2 Lloyd's Rep. 421

COURT OF APPEAL

Before Lord Phillips of Worth Matravers, M.R., Lord Justice Potter and Lady Justice Arden

Insurance (Marine) - Mortgagees’ interest - Indemnity - Institute war clauses - Construction - Vessel seized and detained by Australian authorities, on grounds of illegal fishing - Whether seizure and detention by reason of infringement of trading regulations - Whether arrest and detention of vessel arose from operation of ordinary judicial process or failure to provide security or any financial cause - Whether claimants’ claims excluded by exclusion clauses in war risks policy.