Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GLAFKI SHIPPING CO. S.A. v. PINIOS SHIPPING CO. NO. 1 (THE "MAIRA") (NO. 2)

[1984] 1 Lloyd's Rep. 660

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Hobhouse

Arbitration - Award - Remission - Errors of law - Obligation to insure mortgaged vessel - Arbitrators stated award in form of special case - Whether award should be remitted or set aside for errors of law - Valuation of mortgaged vessel - Whether overvalue illegal.

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