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Commercial court

Latest Articles

Terms of sale: are they final and binding or just binding?
September 21, 2020

Terms of sale: are they final and binding or just binding?

What happens when two clauses for the sale of fuel oil appear to contradict each other? Does one prevail over the other or do they work in tandem together, with one qualifying the other? How should the parties to a contract approach such a contradiction? These... Read more >
Personal Guarantors Watch Out!
July 9, 2019

Personal Guarantors Watch Out!

The personal guarantee is a mainstay of traditional ship finance. However, it is rare for banks to enforce such guarantees. In a recent case (1) the Commercial Court handed down a judgment upholding a bank’s claim against a personal guarantor. The case concerned... Read more >
Watch your contractual time limits
June 25, 2019

Watch your contractual time limits

In a recent judgment(1) the Commercial Court has reaffirmed the importance of contractually agreed time limits in Charter Parties. The appeal against an LMAA Tribunal award centred on the interpretation of the Hire and Payments clause, 12(e), of BIMCO’s new Supplytime... Read more >
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