CITGO Petroleum Corp. v. Ascot Underwriting Ltd.
Unseaworthiness, Not Peril of the Sea, Drove Vessel Damage Claim
Second Circuit · 2025-10-28 · Defendant Win · Impact: 25/100
CITGO Petroleum Corp. v. Ascot Underwriting Ltd., decided by Second Circuit on October 28, 2025, resulted in a defendant win outcome. This case concerns the interpretation of an "all risks" marine ins...