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Shipping Cargo United Kingdom

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

Husch Blackwell LLP

May 2021 Trade Law Update

Husch Blackwell LLP on

In Husch Blackwell’s May 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: USTR announced and immediately suspended Section 301 tariffs against Austria,...more

White & Case LLP

Force Majeure: substantial damages even if you cannot perform

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In a recent decision, the Court of Appeal has awarded substantial damages to the innocent party after a force majeure event, in circumstances where the party seeking to rely on the force majeure event to excuse liability...more

Carlton Fields

UK Court Considers Whether Payment Of Insurance Claim Violates Iran Sanctions

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A court in the United Kingdom has issued a ruling considering the intersection of a clause in an insurance agreement meant to protect the insurer from obligations that would violate international sanctions regimes and the...more

Hogan Lovells

UK: Sanctions exclusion clauses: What can we learn from Mamancochet Mining Limited v Aegis Managing Agency Limited and Others...

Hogan Lovells on

On 12 October 2018 the High Court handed down judgment in a case that concerned a claim brought against insurers for payment under a marine cargo policy relating to the theft of steel billets from an Iranian port in late...more

King & Spalding

Consequential Loss in Energy Commodity Contracts

King & Spalding on

Energy commodity contracts can be of significant monetary value, and their breach may expose the defaulting counterparty to significant liabilities for contractual damages. In considering potential liabilities, contracting...more

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