MASEFIELD AG v AMLIN CORPORATE MEMBER LTD (THE "BUNGA MELATI DUA")

[2011] Lloyd's Rep Plus 41

COURT OF APPEAL

Before Lord Justice Rix, Lord Justice Moore-Bick and Lord Justice Patten

Insurance (marine) - Piracy - Theft - Vessel seized by pirates - Ransom paid and vessel and cargo released - Whether cargo became an actual total loss on seizure - Whether cargo became a constructive total loss on seizure - Legality of payment of ransom - Suing and labouring - Marine Insurance Act 1906, sections 57 and 78(4) - Theft Act 1968, section 6.