Russian wheat ban — court construes GAFTA 49 prohibition and default clauses
In Bunge SA v Nidera BV  EWHC 84 (Comm), the parties entered into a contract for the sale of Russian wheat shortly before the Russian government announced a ban on what exports for a period of four and a half months extending over the whole of the contractual shipment period.
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The Maritime Labour Convention (MLC) will enter into force internationally on 20 August 2013.
Ince & Co has published the April 2013 edition of its International Trade and Commodities Legal Update.
Analysis from The Lawyer
Professional indemnity cases keep hitting the court lists as settlement values continue to rise