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Original bill of lading

Bags and Luggage Bags
From Spain
To France
502 views / 0 experts
Mar 24, 2021

What to do when the original bill of lading is lost?

1 answer

Kerim A.
Mar 24, 2021

If a negotiable bill of lading is lost, stolen, or destroyed, a few measures can be taken. Place an advertisement in the local press about the “loss” or “nullification” of the original bill. A court order may be secured, which advises the carrier (shipping line) to deliver the goods to the holder of the title of the goods, based on a surety bond given by the entity claiming the goods, for an amount approved by the court.
The carrier also should receive a Letter of Indemnity indemnifying the carrier or any person injured by delivery, against liability under the outstanding original bill.. The court also may order payment of reasonable costs and attorney’s fees to the carrier.
Certain lines accept a Letter of Indemnity if it is signed by a bank who would then take joint liability to return the original bills of lading.

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