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Stephenson Harwood LLP

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“Take it or leave it” and economic duress

United Kingdom - May 10 2012 A problem frequently faced in turbulent markets is that of a guilty contracting party threatening to breach, or actually breaching, a contract with an innocent contracting party

The Saga Explorer: the dangers of "clean" bills

United Kingdom - November 19 2012 Clean bills of lading are usually a prerequisite for the shipper of a cargo to be paid under the sale contract with his buyer

Bominflot GmbH v Petroplus Marketing AG (“The Mercini Lady”)

United Kingdom - November 22 2012 B agreed to purchase a consignment of gasoil from P on FOB terms to be shipped and delivered to B at Antwerp on the vessel Mercini Lady

Thai Maparn Trading Co Ltd v Louis Dreyfus Commodities Asia Pte Ltd (2011 EWHC 2494)

United Kingdom - November 7 2011 Although this case involved GAFTA contracts, the case highlights the importance to traders of any FOB contract of taking care when deciding whether failure by an FOB buyer to comply with a time specific requirement will always amount to repudiation of the contract

Standard Coal Trading Agreement ("SCoTA") Version 8

Global - November 7 2011 Global Coal published its SCoTA Version 8 ("V.8") on 16 September 2011, which introduces significant amendments to both the structure and clauses of the SCoTA contract

Greater China - update - June - 2015

China - October 7 2015 China, together with the other countries involved in the "one belt, one road" initiative, is planning on six economic corridors to better

Selection of arbitration and jurisdiction of courts in China

China - October 7 2015 The rules governing arbitration and jurisdiction in China can be confusing to foreigners because of the distinctive nature of the regulations and

Selection of arbitration and jurisdiction of courts in China

China - October 7 2015 The rules governing arbitration and jurisdiction in China can be confusing to foreigners because of the distinctive nature of the regulations and

Greater China - update - April 2015

China - October 7 2015 On 18 March 2015, PRC Ministry of Environmental Protection (the MEP) issued the Notice on Further Enhance Accountability Ascertaining for Projects in

伊朗石油和天然气合同

Iran - October 7 2015 伊朗正高调吸引境外投资者以恢复其对伊朗油气产业的关注度同时增加自身油气产量及出口量西方对伊朗的制裁不仅影响油气产业的上游也对诸如石油化工的下游产业产生着影响