2023 Begins With Increased (or Unlimited) Liability for Vessel Owners
The Energy Law Blog
JANUARY 31, 2023
10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11] 21] These efforts usually fail, but occasionally—as in the case of MORRO CASTLE and now CONCEPTION—they succeed, even if only partially.
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