Loss, Liability and Warranty Surveys

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In this recent Federal Court case, the Court had to decide on the extent of warranties and assurance provided by marine surveyors in providing a survey report for insurance purposes.

Essentially, the question for determination was whether or not the survey report provided by the marine surveyors was a warranty survey. The Court held that the report was not a warranty survey, as a result of which the logistics provider (and their insurer) who had relied upon it as such could not recover their losses due to damage to the shipment.

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Published In: General Business Updates, Insurance Updates, Maritime Updates, Professional Malpractice Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Nathan Cecil, Norton White | Attorney Advertising

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