NATIONAL BANK OF GREECE S.A. v. PINIOS SHIPPING CO. NO. 1 AND GEORGE DIONYSIOS TSITSILIANIS (THE “MAIRA”) NO. 3

[1990] 1 Lloyd's Rep. 225

HOUSE OF LORDS

Before Lord Bridge of Harwich, Lord Brandon of Oakbrook, Lord Griffiths, Lord Goff of Chieveley and Lord Jauncey of Tullichettle

Practice - Interest - Total loss of vessel - Vessel under-insured - Bank mortgagees obtained judgment plus interest - Whether bank entitled to compound interest - Whether bank under duty to ensure vessel not under-insured.