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

[2007] 1 Lloyd's Rep. 104

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.