Cargo ship’s owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore
8 months, 3 weeks ago

Cargo ship’s owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore

Associated Press  

The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before the span collapsed last week filed a court petition Monday seeking to limit their legal liability for the deadly disaster. The companies filed under a pre-Civil War provision of an 1851 maritime law that allows them to seek to limit their liability to the value of the vessel’s remains after a casualty. “Now all claims must be filed in this proceeding.” Cases like this typically take years to completely resolve, said Martin Davies, director of Tulane University Law School’s Maritime Law Center. What could have been done?” A report from credit rating agency Morningstar DBRS predicts the bridge collapse could become the most expensive marine insured loss in history, surpassing the record of about $1.5 billion held by the 2012 shipwreck of the Costa Concordia cruise ship off Italy.

History of this topic

Maryland sues the owner and manager of the ship that caused the Key Bridge collapse
3 months ago
U.S. sues ship’s owner and manager over Baltimore bridge collapse and seeks $100 million
3 months ago
DOJ files $100M suit against owner of ship that crashed into Baltimore bridge
3 months ago
Businesses hindered by Baltimore bridge collapse should receive damages, court filing argues
7 months, 3 weeks ago
Baltimore files legal claim against ship Dali owner, operator companies over ‘gross negligence’ and ‘incompetent crew’
8 months ago
Baltimore leaders accuse ship’s owner and manager of negligence in Key Bridge collapse
8 months ago
US maritime liability rules changed after 2019 boat fire
2 years ago
US maritime liability rules changed after 2019 boat fire
2 years ago

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