ancora
Guru
- Joined
- Dec 16, 2007
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Interestin' article about a damage settlement in a boating accident. One of the questions was in regard to "loss of use" of the boat. Answer: " the U.S. Supreme Court has ruled that no compensation is owed for loss of use of a recreational vessel. Recreational vessels do not generate income for their owners, and since leisure time has no measurable value, a damaged party may not recover for the loss of use of a leisure asset." Would this ruling also apply to a liveaboard vessel? How about a vessel that is used consistantly as a week-end condo?
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