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LEX RUSSICA (Russian Law)
Reference:

Savchenko, D.A. Formation of the term “treason against the Sovereign Ruler of all the Russia” in the Russian law of the early XVI century

Abstract: The compensation of losses and spending of the insured parties due to the maritime transportation of hazardous cargo which did not take place is complicated by the foreign element in the relations. The methodology of choice of applicable law is unpredictable and it has a variety of detailing factors. The complete character of obligation statute is defined by the law of the state, where the cargo was taken by the carrier, rather than by the reference to the legal order of the basic contract. Then the factors of amount of cargo, place of loading, amount of freight become specifying categories. None of the attachment formulae has proven to be optimally efficient, if safe operation of a vessel serves as a guarantee of prevention of the insured event. Considering this background the choice of personal law of the insured party is complicated and the material law concerns the distribution of losses between the costs of troublesome party of goods and the freight costs. Thus, any legal order becomes vulnerable, especially since the costs of significant transportation conditions are due to the need to save the goods. The delict obligation should provide due consideration for an independent conflict of laws decision in order to guarantee the tariff for the pure net award. The legal order of the state, where the vessel was registered shall also be popular, since it shall strengthen the weak link between the events and de-facto spending.

Keywords:

maritime transportation, hazardous cargo, insurance, legal order, conflict of law, delicts, risk quotations, general accident, insured event, insurance coverage.

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