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Charter Boat Suit Damages Must Reflect Sale Price, Court Says

By Caroline Simson (December 23, 2015, 10:23 PM EST) -- Damages owed by a charterer that breached its contract with a shipping company must reflect the additional $16.8 million the shipping company got for selling the disputed vessel in 2007 instead of 2009, according to a Monday ruling in the British Court of Appeal that affirmed a maritime arbitrator's findings....

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