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Surprise: claims for unpaid bunkers under bunker supply contracts are straightforward claims in debt where the passing of property is not required...
Also: be specific in tripartite agreements; the right to rely on refund guarantees; and more.
The reasons given for contract terminations are many and varied, but in each case the fundamental motivation is generally the same.
Contracts are often amended prior to or during performance. If they contain a liquidated damages clause, it should not be overlooked.
New arbitration rules for China download
Including special provisions for the Hong Kong arbitration centre.
Advisers need appreciation of the underlying issues to best advise clients faced with often difficult decisions.
When a contract does not reflect the intention of the parties equitable relief can be sought from the court for the contract to be rectified. It is rarely granted, but in this case it was.
Lorand Shipping Ltd v Davof Trading (Africa) BV (Ocean Glory) is a rare example of a successful challenge to an arbitration award on the ground of serious irregularity under Section 68 of the Arbitration Act 1996.
In Ageas (UK) Limited v Kwik-Fit (GB) Limited and AIG Europe Ltd, the High Court examined the legal authorities on measuring loss for breach of a warranty in a share and purchase agreement.
On 1 August 2014, the ‘Provisional Measures on the Collection of Tax on Non-Resident Taxpayers Engaged in International Transportation Business’ came into force.
Mr Justice Field, sitting in the Commercial Court, has had to consider the meaning of the phrase ‘proper and business-like’.
In an LMAA charterparty dispute between Sun United and Kasteli, owners’ claims had been secured by money paid into an escrow account in the name of charterers’ solicitors.
This note considers what a MAC clause is and when it is used, highlights recent case law and offers some tips for those involved in reviewing or negotiating MAC clauses.
The UK Supreme Court has recently ruled in the case of Cramaso LLP (Appellant) v Ogilvie-Grant, Earl of Seafield and Others (Respondents) (Scotland).
Bribery Act update download
Serious Fraud Office director David Green QC has proposed a number of changes to the UK Bribery Act.
High-frequency trading download
High-frequency trading is the trade of securities (such as stocks) in a matter of microseconds.
Ince & Co has released its latest update on UK anti-corruption measures.
Starting an airline requires entrepreneurs with drive, motivation and vision to turn the idea into a viable reality.