American Club will contest Munich Re conspiracy action
Legal action alleging the American Club conspired with Greek shipowner brothers Stathis and George Gourdomichalis to abandon a vessel rather than face a substantial claim are ‘entirely groundless’ and will be vigorously contested, the marine mutual’s head insists
‘The American Club, its managers and their employees acted throughout in accordance with the rules of the club and most assuredly did not conspire to defraud Great Lakes or any other party,’ said American Club’s Mr Hughes
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