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Quadrant Chambers | United Kingdom | 7 Sep 2023

If it ain’t broke, don’t fix it? The Law Commission recommends only limited reform of the Arbitration Act 1996

Concluding a process that began in March 2021 and included consultation with 100s of stakeholders, the Law Commission has this week (September 2023)…
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Lexology PRO | Asia-Pacific, Australia, European Union, etc. | 21 Jul 2023

Binance AML investigations: a global roundup and key compliance lessons

Binance’s trading licences have been revoked by multiple AML authorities around the world.  What are the wider lessons businesses can apply to their own AML programmes?
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Quadrant Chambers | United Kingdom | 24 May 2023

Bull’s-eye! The Hague-Visby Rules time bar applies to post-discharge misdelivery

The Court of Appeal (Males; Popplewell and Nugee LJJ) has today handed down judgment in FIMBank p.l.c. V KCH Shipping Co. (The Giant Ace), which…
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Stephenson Harwood LLP | European Union, United Kingdom | 16 May 2023

Commodities in Focus Weekly: Unicredit Bank A.G v Euronav N.V. [2023] EWCA Civ 471

The Court of Appeal addressed the question: what is the status of a bill of lading in the hands of voyage Charterers after they have ceased to be…
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Quadrant Chambers | United Kingdom | 16 Jan 2023

The Thorco Lineage: limitation under the Hague-Visby Rules where there is physical damage and economic loss

Part of a cargo suffers some minor physical damage. But, an economic loss is suffered in respect of the whole of the cargo - perhaps a diminution in…
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Stephenson Harwood LLP | Asia-Pacific, Singapore | 13 Dec 2022

Commodities in Focus Weekly - Issue 10: Aiteo Eastern E&P Company Ltd v Shell Western Supply and Trading Ltd [2022] EWHC 2912 (Comm) (17 November 2022)

The Commercial Court dismissed Aiteo's challenges, brought under s.67 Arbitration Act 1996, of two partial awards, in respect of jurisdiction and…
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Güleryüz & Partners | Turkey | 2 Nov 2022

Taşıma Hukuku Yazı Dizisi - IV: Lojistik Şirketlerinin Eşya Taşımada Sorumluluktan Kurtulma Halleri

6102 sayılı Türk Ticaret Kanunu [“TTK”] Ile taşıma ve lojistik şirketlerinin, yani TTK’nın ifadesiyle taşıyıcının eşyanın teslim alınmasından teslim…
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Güleryüz & Partners | Turkey | 2 Nov 2022

Turkish Law of Transportation Series - IV: Release from Liability of Logistics Companies in Carriage of Commodity

Turkish Commercial Code No. 6102 ["TCC"] stipulates that the carrier shall be liable for the damages caused by the loss, damage or delay of delivery…
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Reed Smith LLP | United Kingdom | 24 Nov 2021

EEXI and CII Regulations: Planning Ahead for Commodities Contracts

The IMO’s EEXI and CII regulations are scheduled to come into force on 1 January 2023 and will apply to all vessels over 5,000 GT, including (but not…
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Steptoe & Johnson LLP | USA | 2 Nov 2021

Build Back Better 'Wash Sales' Legislation Would Impact Currency, Commodity, Options, and Digital Asset Markets

On October 28, 2021, the House Rules Committee released the latest version of HR 5376, the Build Back Better Act. This draft reflects the most recent…
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