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Supreme Court to reconsider payout in scuttled bulker case

The legitimacy of a $22m payout on a deliberately scuppered bulk carrier is heading for the Supreme Court, after the appellants were granted permission to challenge a decision in the Court of Appeal. No date for the hearing has yet been set

An underwriting firm is appealing to the Supreme Court in London in an effort to recover a £22m payout. The money relates to a fraudulent claim made after a bulk carrier was set ablaze and sank

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