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Supreme Court shifts test away from “genuine pre-estimate of loss” but declines to abolish rule against penalties

United Kingdom - November 18 2015 In two conjoined appeal decisions recently handed down, the UK Supreme Court has re-focused the long-established test for identifying a penalty…

Stuart Shepherd.

Court finds payment of charter hire is not a condition: Astra not followed

United Kingdom - March 20 2015 In a decision handed down on 18 March 2015, a Commercial Court judge has declined to follow Flaux J's decision in The Astra and has concluded that…

Fionna Gavin, Michael Volikas.