Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

PETROMEC INC. v. PETROLEO BRASILEIRO S.A. PETROBAS

[2005] 1 Lloyd's Rep. 219

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Moore-Bick

Insurance (marine) - Agreement between numerous parties to upgrade semi-submersible oil production platform - Platform lost following explosion and fire - Allocation of insurance proceeds amongst interested parties - Whether company appointed to upgrade platform retained title to materials and equipment - Passing of property in a contract for work and materials.

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