Shipping & Transport

February 28 2018
Ricardo Rozas Recognition of salvors' rights to limit liability

Chile - JJR Abogados

A limitation fund was recently constituted in the context of a salvage and towage operation. The plaintiffs opposed the fund's constitution, arguing that, under Chilean law, salvors are not entitled to limit their liability. The Valparaiso Second Civil Court rejected the opposition and upheld the limitation fund. The decision is one of the most relevant substantive decisions in this regard and should provide future certainty in the safeguarding salvors' rights to limit their liability.

Author: Ricardo Rozas
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Upcoming event

IBA - Biennial IBA Latin American Regional Forum Conference

March 14-16 2018 – Mexico City, Mexico

The Biennial IBA Latin American Regional Forum Conference has become the ideal opportunity for all lawyers, professionals and investors to keep up-to-date with significant developments in the region. As Latin America continues to develop as one of the world's most important emerging markets, conference delegates will examine current developments and discuss how the region will tackle challenges facing both Latin America and elsewhere.

For more details go to: