Salvage’s Docs Salvage - Spring 2023 Judgement/Order - EVER GIVEN

Attached, please find a recent High Court Order from London on the EVER GIVEN case.  The court found that ongoing negotiations without an agreement between the parties does not equal a binding agreement. The Court held that the contract being negotiated by the Owner’s representative and SMIT was not completed; accordingly, the completed work will not be contract salvage but addressed under common law.