This judgment sets out a useful analysis of contracts where a court will examine the conduct of the parties and surrounding circumstances to reach a conclusion. Carriers should be alerted to the importance of knowing who they are dealing with, ensuring…
Legal eagle: know the shipper Read More »
The Admiralty Court has for the first time considered what might constitute the meaning of “operator” or “manager” under the 1976 Limitation Convention. In Splitt Chartering APS, Stema Shipping A/S, Maibau Baustoffhandel GmbH, and Stema Shipping (UK) L…
Landmark case clarifies limitation Read More »
The impact of the COVID-19 pandemic is pushing both US and foreign borrowers to consider US bankruptcy options, including a chapter 11 restructuring or a foreign insolvency proceeding and chapter 15 recognition. Lenders are increasingly asking what the…
Caveat Lender: Bankruptcy Considerations for Shipping Lenders Read More »
Research by global, sector-focused law firm HFW has found that London continues to dominate the market for international maritime arbitration, accounting for more than 80 percent of all cases globally. London handled 1,737 maritime arbitrations in 2019…
HFW Research: London Has Over 80% Share Of Global Maritime Arbitration Market Read More »
BACKGROUND In March 2020, the UAE Cabinet issued Resolution No. 16 of 2020 Concerning the Determination of the Positive List of Economic Sectors and Activities Eligible for Foreign Direct Investment and Percentage of their Ownership (the “Resolution”)….
Changing landscape for UAE maritime industry6 August 2020 Read More »