STATE OF THE NETHERLANDS (REPRESENTED BY THE MINISTER OF DEFENCE) v. YOUELL AND HAYWARD AND OTHERS
[1997] 2 Lloyd's Rep. 440
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Rix
Insurance (Marine) - Sue and labour - Joint or composite policies - Wilful misconduct - Contract for building of two submarines for Dutch navy - Submarines suffered debonding and cracking in paintwork - Whether navy and yard joint assured - Whether plaintiffs guilty of wilful misconduct - Whether conduct of yard relevant - Whether underwriters entitled to deny liability - Whether plaintiffs failed to take steps to minimize damages - Marine Insurance Act, 1906 ss. 55(2)(a) and 78(4).