H. COUSINS & CO. LTD. v. D. & C. CARRIERS LTD.
[1970] 2 Lloyd's Rep. 397
COURT OF APPEAL
Before Lord Justice Davies, Lord Justice Widgery and Lord Justice Karminski
Marine insurance - Insured goods lost by third party's fault - Assured indemnified by insurers - Subrogation - Insurers' right to claim value of goods and interest from third party - Marine Insurance Act, 1906, sect. 79 (1).
Interest - Plaintiff indemnified by insurer for loss of goods - Court's discretion to make award - Law Reform (Miscellaneous Provisions) Act, 1934, sect. 3 (1).