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Results: 1-10 of 73

The “Bulk Uruguay”: no anticipatory breach where future performance is contingent on a third party’s conduct

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 15 2014

In Geden Operations v Dry Bulk Handy Holding Inc (The "Bulk Uruguay") 2014 EWCA 885, the Commercial Court, in rejecting an appeal under s.69

Crisis in the Crimea: sanctions update 3

  • Reed Smith LLP
  • -
  • European Union, Russia, Ukraine, USA
  • -
  • March 27 2014

The Russian Federation and the United States continue to clash over the proposed annexation of Crimea from Ukraine, with the United States adding 20

Tribunal rules on breach of consumption warranty in NYPE trip time charter

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • February 14 2014

The subject vessel, a new build which had just entered service, was chartered on an amended NYPE form for one time charter trip. Clause 29 of the

Tribunals have no jurisdiction to hear Owners’ claims for “procuring or inducing” breach of arbitration agreement incorporated into bills of lading

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • February 14 2014

Owners chartered their vessel by way of a charter containing a London Arbitration clause, for a carriage from Turkey to Liberia. The vessel was

Sanctions update Iran: easing of sanctions by the United States and European Union

  • Reed Smith LLP
  • -
  • European Union, Iran, USA
  • -
  • January 26 2014

As reported in our Client Alert of December 2013, the “Joint Plan of Action” reached between the United Kingdom (“UK”), the United States (“U.S.”

Sanctions update - Iran: easing of sanctions by the United States and European Union

  • Reed Smith LLP
  • -
  • European Union, Iran, USA
  • -
  • January 23 2014

As reported in our Client Alert of December 2013, the "Joint Plan of Action" reached between the United Kingdom ("UK"), the United States ("U.S."

Indonesian government imposes partially eased ban on ore exports

  • Reed Smith LLP
  • -
  • Indonesia
  • -
  • January 13 2014

The Indonesian government had been due to enforce an effective ban on the export of unprocessed mineral ores from 12 January 2014. It now appears

Court of Appeal finds that money paid by a bank under an on demand performance guarantee was not held on trust for the bank by the recipient

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • January 9 2014

The Respondents were sellers under a shipbuilding contract.The Applicant was the buyers' bank. When the buyers refused to pay an instalment due under

Court refuses an application by a party to an ongoing arbitration to prevent its opponents from terminating charters

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • January 8 2014

The Applicants and Respondents in Zim Integrated Shipping Services Ltd v European Container KS 2013 EWHC 3581 (Comm) were parties to an arbitration

Claimant entitled to judgment in default where the Defendant failed to provide a standby letter of credit as agreed

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • January 8 2014

The parties to Cooper Mechanical Oilfield Serivces Pte Ltd v Pauwels (Unreported) had entered into an agreement regarding the purchase and conversion