Simple English definitions for legal terms
Read a random definition: Pacific Reporter
NO CURE, NO PAY
No cure, no pay is a principle in maritime law that states that if a salvager is unable to salvage any material, they are not entitled to any compensation. This means that the salvager only gets paid if they are successful in salvaging something.
For example, if a ship runs aground and a salvager is hired to help, but they are unable to salvage any of the cargo or the ship itself, they will not receive any payment. However, if they are successful in salvaging some of the cargo or the ship, they will be entitled to compensation based on the value of what they were able to salvage.
Another example would be if a salvager is hired to retrieve a sunken treasure, but they are unable to locate it or bring it to the surface, they will not receive any payment. However, if they are successful in finding and salvaging the treasure, they will be entitled to compensation based on the value of the treasure.
These examples illustrate the principle of no cure, no pay in maritime law, which ensures that salvagers are only compensated for their successful efforts in salvaging material.