An adjuster's note on general average security - "The Lehmann Timber"
11 July 2016
This case is particularly interesting from an adjusting perspective because shipowners have been placed in a much stronger position when enforcing a lien in order to obtain satisfactory securities. Provided that the exercise of the lien is reasonable, and there is no failure to mitigate expenses, shipowners may recover the expenses of enforcing such lien as damages. As a result, cargo interests should ensure that the general average security is provided within a reasonable period to avoid facing additional costs.