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Results: 1-10 of 61

Liability of banks for refusing payment under letters of credit

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • September 20 2011

In Fortis Bank SANV v Indian Overseas Bank, the court considered the liability of a bank for failing to honour five letters of credit issued by it

Tandrin Aviation Holdings Limited v Aero Toy Store LLC (2010)

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • February 15 2010

Tandrin (the Seller) applied to the court for a judgement against Aero Toy Store (the Purchaser

Carriage by Air (Revision of Limits of Liability under the Montreal Convention) Order 2009

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • February 15 2010

The Order relates to the Carriage by Air Act 1961 and certifies the revised limits of liability established under the Montreal Convention 1999

Gesner Investments Ltd v Bombardier Inc: termination of aircraft purchase agreement

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • November 30 2011

In its judgment of 11 October 2011, the English Court of Appeal analysed the terms of an aircraft purchase agreement entered into by Gesner and the aircraft manufacturer Bombardier

Celestial Aviation Trading 71 Ltd v Paramount Airways Private Ltd (2009) EWHC 3142

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • February 15 2010

Celestial Aviation (the Lessor) leased three aircraft to Paramount Airways, an Indian airline (the Lessee

Enforcement of CCA regulated agreements in Scotland

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • December 9 2009

A recent change to the Sheriff Court rules in Scotland requires the inclusion of a copy of the regulated agreement to be attached to the writ

Rainy Sky SA v Kookmin Bank

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • February 15 2010

Rainy Sky (the Buyer) contracted to buy a vessel from a shipbuilding company (the Builder) and agreed to pay for the vessel in instalments before delivery

Validity of guarantees sent by SWIFT message

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • February 27 2012

In November 2011, in the case of WS Tankship II BV v The Kwangju Bank Ltd and another, the High Court of England and Wales discussed whether a guarantee sent by SWIFT message can be considered “signed” in terms of the Statute of Frauds 1677

Exercise of the fleet lien in the UK

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • July 30 2010

An aircraft leasing company, Global Knafaim Leasing Ltd (“GKL”) leased an aircraft to Zoom Inc (“Zoom”), a Canadian airline. In August 2008 Zoom fell into financial difficulties and soon after went into liquidation

$8.5 billion merger of United Airlines and Continental Airlines Inc

  • Morton Fraser
  • -
  • USA
  • -
  • July 30 2010

A merger agreement (the "Agreement") has been reached between airline giants United Airlines ("United") and Continental Airlines Inc ("Continental"