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Shipping United Kingdom

BCLP

RTI Ltd v MUR Shipping BV: Certainty v Commerciality

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In this Insight, first published in PLC, James Clarke, Richard Shaw and Anna Blest consider the Supreme Court's decision in RTI Ltd v MUR Shipping BV [2024] UKSC 18, which confirmed that a party's obligation to exercise...more

Mayer Brown

Do reasonable endeavours require accepting non-contractual performance to reach a reasonable outcome?

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In the UK Supreme Court's judgment in RTI Ltd v MUR Shipping BV [2024] UKSC 18, which was handed down last week, it considered what obligations the words “reasonable endeavours” placed on a party, in the context of a force...more

Cooley LLP

MUR Shipping BV v. RTI Ltd: UK Supreme Court Allows Appeal

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In a final twist to this long and winding litigation, the UK Supreme Court has allowed MUR Shipping’s appeal, holding that ‘reasonable endeavours’ provisions in force majeure clauses (express or implied) do not require...more

K2 Integrity

Implementation of the Russian Oil Price Cap and Key Compliance Considerations

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As the Russian invasion of Ukraine continues, so too does Russia’s isolation from the West. Member nations of the Group of Seven (G7)—the United States (U.S.), Canada, France, Germany, Italy, Japan, and the United Kingdom...more

White & Case LLP

New UK sanctions target Russian Central Bank and Shipping

White & Case LLP on

Late on 01 March, the UK introduced additional legislation to implement shipping sanctions, as well as further financial sanctions on Russia (in addition to two other pieces of legislation that were announced earlier in the...more

A&O Shearman

Disclosure Pilot Scheme: meaning of “control” over third party documents

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In proceedings subject to the Disclosure Pilot Scheme, a third party’s willingness to cooperate in the provision of potentially relevant documents did not amount to a party’s “control” over those documents. Even if a party...more

Pillsbury Winthrop Shaw Pittman LLP

UK Issues Draft Regulations Governing Nuclear Propulsion Systems for Commercial Ships

On 9 August 2021 the UK Maritime and Coastguard Agency published a Consultation on proposed merchant shipping regulations for nuclear ships. The proposed regulations cover commercial ships with nuclear propulsion systems....more

Morrison & Foerster LLP

Following U.S. Lead, UK Office Of Financial Sanctions Implementation Issues Maritime Guidance

Much of the world’s focus is on the COVID-19 pandemic, and rightfully so, but sanctions regulators also have their gazes fixed on another issue: the maritime industry. On May 14 2020, we saw the U.S. Departments of State and...more

K2 Integrity

UK Releases Maritime Sanctions Guidance

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On July 27, 2020, the United Kingdom’s Office of Financial Sanctions Implementation (“OFSI”), the office in Her Majesty’s Treasury responsible for administering UK sanctions, released Maritime Guidance: Financial sanctions...more

A&O Shearman

Sanctions Round Up Second Quarter 2020

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This quarter, the U.S. announced new sanctions and trade restrictions on China in response to its recent encroachments on Hong Kong and its reported mistreatment of ethnic minorities. OFAC continued to target shipping...more

Dechert LLP

Running on Empty: A 10-Point Plan for the Aviation and Transportation Industry as It Meets the Challenges and Opportunities...

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All forms of movement are under serious threat in the current global climate: with an estimated 1/4 of the world’s population in lock down, this unprecedented government intervention has slashed passenger demand and halted...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Pillsbury Winthrop Shaw Pittman LLP

The Brexit Blindspot: Nuclear Retransfers

Potential impediments to post-Brexit retransfers of nuclear material and items between the UK and EURATOM countries - There is currently no U.S. advance consent in place for retransfers of nuclear material and items from...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Financial Industry Developments - Agencies Publish Study on Banking Activities and Investments under Dodd-Frank - On September 8, 2016, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance...more

Morrison & Foerster LLP

The Digital Single Market Strategy: One Year On

In May 2015, the European Commission announced its Digital Single Market Strategy to accelerate the creation of a digital single market (DSM) across the EU. The EU’s aim is to broaden access to e-commerce, media and...more

BCLP

EU Retail News - July 2016

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BREXIT – THE NEXT STEPS - Despite the UK’s vote to leave the European Union, companies doing business in the UK can still continue to trade with the European Union in exactly the same way as they have done in the past –...more

Latham & Watkins LLP

Difficulties for witnesses or strong connection with another jurisdiction not grounds for resisting arbitration agreement

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In circumstances where the parties have already chosen arbitration as a means of settling disputes, the English courts will give short shrift to arguments focused on practical difficulties in providing witness evidence or on...more

Latham & Watkins LLP

High Court Case Highlights the Importance of Commencing Arbitration within Contractual Limitation Periods

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Case: Expofrut SA & Others v Melville Services Inc and Lavinia Corporation [2015] EWHC 1950 (Comm) The English High Court has ruled that an extension to a contractually agreed period in which arbitration proceedings must...more

Bryan Cave Leighton Paisner

EU & Competition Law Update - January 2016

Smartphone chip manufacturer accused of an abuse of dominance - On the 8th December 2015, Qualcomm, the world’s largest supplier of smartphone chipsets, was publicly accused by the European Commission of abusing its...more

Carlton Fields

English Appellate Court Dismisses Appeal Of Judgment Declaring No Liability Under A Cargo Liability Reinsurance Policy

Carlton Fields on

A judgment found that certain Lloyd’s reinsurers were not liable to cover the destruction of cargo on board a vessel that capsized in the Philippines during a Typhoon. The trial court relied on a typhoon warranty clause...more

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