UK:
Masters Must Show Caution Or Else Liability Limits May Be Terminal
23 August 2016
Reed Smith (Worldwide)
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The Privy Council has confirmed that it is possible to contract
out the right to limit liability, and so operators must be vigilant
in ensuring this does not inadvertently happen, write Mark
O'Neil and Anushka Karunaratne in Tradewinds.
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