The owner of the ship that crashed into the Francis Scott Key Bridge in Baltimore is facing years of legal battles, based on past disasters. Insurance claims related to the bridge’s reconstruction, as well as potential wrongful death and business interruption claims, could total up to $3 billion, according to analysts at Barclays Plc. The collision caused the bridge to collapse into the water and resulted in the presumed deaths of six workers.
The aftermath of the bridge crash is expected to lead to a complex and lengthy legal process for the ship owner. The extensive damages and potential liability for the incident will likely result in significant legal challenges and financial repercussions. The scale of the disaster and the estimated costs involved indicate that the legal battles ahead will be extensive and costly for all parties involved.
The collision at the Francis Scott Key Bridge has triggered a series of legal issues that will likely unfold over the coming years. The high potential for insurance claims, wrongful death claims, and business interruption claims will contribute to the complexity of the legal battles ahead. The significant financial impact of the incident, estimated at up to $3 billion, underscores the magnitude of the legal challenges facing the ship owner and other parties involved in the crash.
More Stories
US Coast Guard Students Demand $130 Million for Alleged Sexual Assault
Fuel Cell and CCS Study Aims to Reduce Maritime Emissions
BC Ferries Struggles with Aging Fleet After Propeller Loss of Iconic Vessel