M/V Pacific Pearl Co Ltd v Osios David Shipping Inc

Subject Matter

SHIPPING — Collision — Security for claim — Claimant’s and defendant’s vessels colliding — Each party required under standard form collision jurisdiction agreement to provide security for other party’s claim in form reasonably satisfactory to that party — Claimant’s P&I club offering security for defendant’s claim by way of letter of undertaking — Defendant refusing to accept security because of inclusion in letter of sanctions clause — Judge holding security in form reasonably satisfactory to defendant — Whether defendant contractually obliged to accept it — ASG 2 Collision Jurisdiction Agreement, clause C

[2021] EWHC 2808 (Comm); [2023] 1 All ER (Comm) 213; [2022] 1 Lloyd's Rep 261, QBD

[2022] EWCA Civ 798; [2022] Bus LR 698; [2023] 1 All ER (Comm) 213; [2022] 2 Lloyd's Rep 448; [2022] WLR(D) 263, CA

Appellate History