SEASHORE MARINE S.A. v. PHOENIX ASSURANCE PLC AND OTHERS (THE “VERGINA”) (No. 3)

[2002] 1 Lloyd's Rep. 238

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Aikens

Practice - Costs - Interest - Part 36 offer - Defendants liable to indemnify claimants for salvage payments - Period of interest to which claimants entitled - Starting date for interest - Whether there should be interruption for delay in prosecuting claim - Whether claimants entitled to all of the costs - Defendants held liable for more than proposals contained in Part 36 offer - Whether claimant entitled to enhanced rate of interest and costs on an indemnity base from latest date on which Part 36 offer could have been accepted.