TransporTrends September 2026: Distinguishing Between a Storage Contract and a Lease Agreement, or When Is the “Lessor” Liable?
Two rulings by the Hamburg Regional Court regarding the winter storage of sailing yachts help clarify the distinction between storage and lease agreements and address the validity of broad liability exclusions in storage agreements. The decisions concern operators of boat storage facilities, insurers, and storage clients; however, their underlying principles are relevant to all storage […]