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In Februarywhile carrying a cargo of rolled steel coil from Egypt to Thailand pursuant to bills of lading issued on 20 and 26 Januarythe vessel was seized by pirates in the Arabian Sea and taken to Somalia.
At the time of conclusion of the settlement agreement, all parties were operating on the basis that the bill of lading contracts were still in existence, capable of being performed and griffin underwriting services be performed.
It was envisaged that the vessel would be repaired and would proceed to Thailand to discharge her cargo, in accordance with the shipowner's contractual obligations. However, that did not happen and the bill of lading holders commenced arbitration proceedings against the shipowner, seeking delivery of the cargo.
The arbitral tribunal issued several awards, ordering the shipowner to deliver the cargo, but it did not comply. The cargo was eventually discharged and sold in late and the vessel was sold for scrap. In FebruaryGriffin commenced an action against Mr. Varouxakis for inducing or procuring breaches by the shipowner and manager of the settlement agreement.
The claim form was served on Mr. Varouxakis on 8 March and on 29 March he filed an acknowledgment of service indicating an intention to contest jurisdiction.
Despite the moratorium being lifted in Novembernothing happened in the action for some time, until May when Griffin applied to enter judgment in default against Mr.
This lead to Mr. Varouxakis seeking an order that the court has no jurisdiction to try the claim against him. Legal issues In his judgment, Mr. Justice Males addressed the following questions: Was the application submitted in time?
Should there be relief from sanctions? Does the court have jurisdiction? Taking each in turn, the judge found that upon filing an acknowledgement of service, Mr. Varouxakis had 28 days to make his application challenging the jurisdiction of the court.
The judge proceeded to consider the effect of the moratorium and noted that in the Commercial Court, parties have to notify the court of any agreed extension.
Varouxakis had to challenge jurisdiction. Varouxakis was therefore deemed to have accepted the jurisdiction of the court.Griffin Underwriting Services; Postes précédents: David Barton Gym, 24 Hour Fitness; Formation: Central Washington University + de relations.
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Underwriting is the acceptance of a specific transaction's risk by a financial institution or individual, more specifically financing or guaranteeing. Griffin Underwriting Services is located at th Ave NE, Bellevue, WA It has around 50 - employees.
It has around 50 - employees. Its revenue is around $5 - 10M. GRIFFIN UNDERWRITING SERVICES DIVISION OF COCHRANE, GRIFFIN& COMPANY, INC. is corporation filed with the New York State Department of State (NYSDOS).
The DOS ID is The business entity is incorporated in Kings srmvision.com entity type is FOREIGN BUSINESS srmvision.com initial DOS filing date is 04/05/The address is th Ave Ne, . Jason Griffin Griffin Underwriting Services Van Griffin Griffin Underwriting Services William Tormey Griffin Underwriting Services Geoff Crater Hanover Excess & Surplus, Inc., CMGA Matthew Letson Hanover Excess & Surplus, Inc., CMGA Chip Polhill Harry W.
Gorst Co., Inc. David Priester Hull & Company - Hawaii. Griffin General Agency, Inc.’s specialty products, knowledge of today’s market place, advanced technology, and experienced underwriting teams enable GGA, Inc. to deliver a broad range of coverage options tailored to meet the unique needs of even your most .