Commodities disputes have kept the courts busy this week and allowed the first reported decision on the implied term that insurers will pay claims within a reasonable period. Commercial Disputes Weekly also looks at a Supreme Court decision on the Housing Act 1985 and a case of enforcement of personal guarantees.
The decisions covered in Commercial Disputes Weekly this week include the ongoing pandemic fallout, the Court of Appeal upholding a lower court decision on speed and consumption warranties in charterparties, the problem with shareholders claiming for loss of a company and the law of privilege in cross-jurisdictional litigation.
A broad spectrum of cases this week in Commercial Disputes Weekly, including jurisdiction, duress and liability apportionment in the first collision case to reach the Supreme Court since 1976.
Our latest Commercial Disputes Weekly contains a trio of contract interpretation cases that demonstrate the importance of understanding exactly what you are agreeing to, and a reminder from the Court that in court hearings are the norm once again.
Following the success of our recent webinar, our latest article assesses the issue of the rising number of Electrical Vehicles catching fire and possible ways of prevention.
Drawing on the findings of our recent report “The Sustainability Imperative”, this article takes a look at some of the possible fuels to replace heavy fuel oil in the shipping industry. While some of these alternative fuels may eventually prove to be intermediate solutions, they remain an essential part of the industry’s journey to its carbon neutral future.
WFW advises Euromont and Navigazione Montanari on €35m product tanker acquisition financing11 May 2021
The six-year loan is backed by Italian export credit agency SACE through its “Garanzia Italia” facility and was partly used by Euromont for the purchase of two product tankers.
WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape15 February 2021
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.
The Sea Cargo Charter is a framework established by a group of bulk cargo owners to improve, among other things, shipping’s carbon footprint.
This is the third time in four years in which one of our leading female partners has been recognised by Lloyd’s List, following Lindsey Keeble and Mei Lin Goh’s nomination in 2019 and 2017 respectively.