The 'Himalaya' Principle

The 'Himalaya Principle' in law refers to a legal concept originating from a case concerning the shipping industry. It establishes that a party involved in a contract can extend protections of liability limitations to their agents and employees. In simpler terms, if a shipping company is held responsible for damage while transporting goods, it can also protect its workers and subcontractors from being financially liable for issues arising from that contract. Essentially, it ensures that related parties are shielded from claims, much like how towering mountains (the Himalayas) stand strong and protect what lies behind them.