World419_UM_03

Following the M/V Red Room incident, Cooper/Jeffries incurred $1,800,000 in cleanup costs. The company equally settled a claim in the amount of $295,000 from Captain Jack Sparrow, a fisherman whose boat and equipment were damaged as a result of the incident; Cooper/Jeffries paid a $128,375 penalty on behalf of Martin Dee, captain of the M/V Red Room, for his role in the incident. 

Cooper/Jeffries seeks to recoup all sums paid from Black Lodge Petroleum Logistics ("BLPL"). Review all the insuran...

The Protection & Indemnity Insurance Policy and the Marine Pollution Legal Liability Insurance Policy will cover both the cleanup costs and the amount paid by Cooper/Jeffries to settle Captain Jack Sparrow's claim.

The Marine Excess Liability Insurance Policy may also provide excess coverage for the costs incurred by Cooper/Jeffries.