Back Freight - Law Dictionary Search Results
Back-freight
Matched in: Term Back-freight
Maritime lien
claim or privilege attaches, and when carried into effect by legal process by a proceeding in rem, relates back to the period when it first attached, Bold Buccbugh, The (1852) 7 Moo PCC 267: (1843-60) All ER … All ER Rep 125. A maritime lien is a claim which attaches to the res i.e., the ship, freight, or cargo. It may arise ex delicto, e.g., compensation for damage by collision, or ex contractu, for services
Insurance
at the risk of individuals called underwriters. The underwriters meet in a subscription room at Lloyd's, at the back of the Royal Exchange. The joint affairs of the subscribers to these rooms are managed by a committee … value of the ship and cargo as general average. (b) Particular average comprehends all loss occasio-ned to ship, freight, and cargo, which has not been wholly or partly sacrificed for the common safety or which does not
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