ALMATRANS SA v THE STEAMSHIP MUTUAL UNDERWRITING ASSOCIATION (BERMUDA) LTD (THE “TUTOVA”)

[2007] Lloyd's Rep. Plus 4

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before His Honour Judge Mackie QC (sitting as a Judge of the High Court)

Letter of undertaking – P&I Club – Application to Italian court for arrest of vessel – Club issuing letter of undertaking – Judgment obtained by claimant – Whether judgment valid – Allegation of sharp practice against claimant – Misdescription of beneficiary of LOU – Whether implied term that claimant should inform Club of existence of proceedings – Whether claim under LOU should be permitted – Whether time-barred.