Steamship Mutual
P&I / InsuranceSteamship Mutual·over 11 years ago
The 'Pay to be Paid' Rule - a protected right?
In Shipowners' Mutual v Containerships Denizcilik (2015) the Commercial Court granted and maintained an anti-suit injunction against Charterers who had sued a P&I Club in Turkey. Charterers had tried to avoid the effect of the 'Pay to be Paid' rule by relying on a right of direct action against insurers under Turkish