May 30, 2024 | New York Law Journal
Small Passenger Vessel Liability Fairness Act Has No Retroactive Application to Previous Maritime IncidentsPresident Biden's recently signed Small Passenger Vessel Liability Fairness Act states that the LOLA does not apply to "small passenger vessels." The new act does not apply retroactively to small passenger shipowners that have a pending limitation proceeding in federal court that pre-dates Dec. 23, 2022.
By Jay Hamad and Dean Aronin
5 minute read
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