Lloyd’s Open Form is the most commonly used contract for international marine salvage. This important contract has recently been revised and re-published by Lloyd’s.
In this podcast we are joined by Alistair Johnston from law firm CJC and Nick Coleman from Gard (Nick is also Chair of the IUMI Salvage Forum) to take a fresh look at the LOF and what the revision means for marine insurers and others.
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Source: IUMI