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Letters of Credit – effect of payment – Standard Chartered Bank v Dorchester LNG Ltd [2014] EWCA Civ 1382

Letters of Credit – effect of payment – Standard Chartered Bank v Dorchester LNG Ltd [2014] EWCA Civ 1382

by Editor | Jun 10, 2015 | Case Summaries, National Issues

Paul Bugden, Bugden + Co., London The modern cases support the proposition that if the opening or confirming bank fails to pay against presentation of conforming documents under a letter of credit payable at sight, the beneficiary may sue in debt to recover the value...
Spar Shipping AS v Grand China Logistics Holding (Group) Co, Ltd [2015] EWHC 718 (Comm) Poppewell J

Spar Shipping AS v Grand China Logistics Holding (Group) Co, Ltd [2015] EWHC 718 (Comm) Poppewell J

by Editor | May 28, 2015 | Case Summaries

Paul Bugden, Bugden + Co., London The Claimant (‘Spar’) was the registered owner of three supramax bulk carriers each let on long term time charter to Grand China Shipping (Hong Kong) Co Ltd with guarantees issued by the Defendant as the parent of the...
Container demurrage – MSC Mediterranean Shipping Company SA v Cottonex Anstalt [2015] EWHC 283 (Comm) Leggatt J

Container demurrage – MSC Mediterranean Shipping Company SA v Cottonex Anstalt [2015] EWHC 283 (Comm) Leggatt J

by Editor | May 28, 2015 | Case Summaries

Paul Bugden, Bugden + Co., London This case raised interesting and important questions as to the nature and duration of an obligation to pay ‘container demurrage’. The Carrier contracted with the Shipper to carry a total of 35 containers of raw cotton by...
Special report highlights organized crime at Vancouver Ports

Special report highlights organized crime at Vancouver Ports

by Editor | May 26, 2015 | National Issues

Gavin Magrath, Magrath’s International Legal Counsel, Toronto, Canada An investigation by the Vancouver Sun[1] has uncovered both government and police documents evidencing an infiltration of Vancouver’s port facilities by biker gangs for the purposes of drug...
Will a Lawsuit Against an American Freight Forwarder Be Heard in Israel?

Will a Lawsuit Against an American Freight Forwarder Be Heard in Israel?

by Editor | May 21, 2015 | Case Summaries, National Issues

Gill Nadel, Goldfarb Seligman, Israel As a rule, when a claim is filed, the plaintiff is required to send a copy of the claim to the defendant’s domicile, and to provide them to the prosecutor in person. As we know, when it comes to matters related to...
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