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PI Brief Update

Editorial: Basic Hire Rates - Aidan Ellis, Temple Garden Chambers

19/12/11. It turns out that for the last ten years we have all been misusing the term spot hire rates. The Court of Appeal in Bent v Highways and Utilities Construction and Allianz Insurance [2011] EWCA Civ 1384, prefers the term “basic hire rates” which apparently distinguishes the situation in credit hire cases from freight or charter hire. Apart from altering the language, has the Court of Appeal in Bent finally resolved the issues surrounding the identification of these basic / spot hire rates? 

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