Grotius and Limited Liability

Research output: Contribution to journalArticlepeer-review

1 Downloads (Pure)

Abstract

Grotius’s ideas on proportionate and limited liability, as mentioned in the Inleidinge and De iure belli ac pacis, were novel in comparison to the civilian doctrine of his time. Grotius drew from sources of local law and statutes regarding maritime law but was nonetheless original in his interpretations. Grotius proposed to consider the liability of co-owners of ships (reders, exercitores), who acted as organizers of maritime expeditions, and of others that were participating in these expeditions, as broad. At the same time, their liability was limited to the maximum of the value of the ship and cargo. In this regard, Grotius’s conceptions hinged on a view of a ship’s voyage as engendering a community of risk among all stakeholders. However, in spite of the underlying connections, Grotius did not eradicate all inconsistencies which the originality of his combinations brought forward.
Original languageEnglish
Pages (from-to)334-365
Number of pages32
JournalGrotiana. New Series
Volume44
Issue number2
DOIs
Publication statusPublished - 29 Dec 2023

Bibliographical note

Publisher Copyright:
© Dave De RuYssCheR, 2023.

Fingerprint

Dive into the research topics of 'Grotius and Limited Liability'. Together they form a unique fingerprint.

Cite this