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P&I / InsuranceSteamship Mutual·4 months ago

Know Your LOI Counterparty: Lessons from the Court of Appeal

Steamship Mutual

Home Publications Articles Know Your LOI Counterparty: Lessons from the Court of Appeal Know Your LOI Counterparty: Lessons from the Court of Appeal Letters of Indemnity are common in shipping, often used to address potential liabilities arising from practical issues. While convenient, they carry material legal and fi