ECC 3598/70
Type
Case
Court
Egypt Court of Cassation
Jurisdiction
Egypt
Taxonomy
Admiralty, Shipping & Navigation, Litigation Procedure & Practice, Remedies, General Insurance Law, Financial Institutions
Copyright
LexisNexis
Decision date
4 Dec 2001
Catchwords
Shipping – Insurance – Damage – Bank – Litigation Procedure – Irrelevant Party - Accident
This case involved a claim by a company that an insurance company pay compensation for a ship damaged in an accident. The ship had been insured in the interest of a bank which had received compensation. The company was an irrelevant party in this litigation.
Background
A claimant filed a case against a company and requested the court to order the company to pay him 47000 Egyptian Pounds. The claimant stated he had agreed with the company to insure a ship. The claimant stated the ship was damaged due to an accident and the compensation was estimated at 96000 Egyptian Pounds. The claimant stated the company had paid him 49000 Egyptian Pounds and refused to pay the remaining amount.
The court ruled that the company should pay the claimant 22180 Egyptian Pounds.
The company appealed the ruling before the court of appeal. The court changed the appealed ruling and ruled the company should pay the claimant 19494 Egyptian Pounds.
Decision