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Court Denies Request to Dismiss Action For Want of Prosecution

August 2016 Cox & Palmer, Newfoundland & Labrador

Fennelly v Lloyd’s Underwriters, 2016 NLTD(G) 1.

Fennelly’s fishing vessel suffered physical damage in January, 2006. He sought payment under a Marine Insurance policy, issued by Lloyd’s Underwriters. The policy insured the vessel for $500,000 against total loss, whether actual or constructive. Lloyd’s denied coverage, stating that the repair costs were less than $500,000.

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