In this edition of Commercial Disputes Weekly we consider the immovables rule versus insolvency, as well as consent to assignment, termination of a construction contract and jurisdiction for a share ownership dispute.
In this edition of Commercial Disputes Weekly, we consider maritime cases on sanctions and time bars, as well as restrictions on enforcement of foreign judgments for multiple damages and insurers’ rights to contribution.
Hear from WFW experts on the topics of ‘Mortgagee’s Interest Insurance – why you need it but what it won’t do’, ‘Sanctions update for lenders’, and an exclusive interview with Jan-Philipp Rohr, Global Head of Shipping of Hamburg Commercial Bank.
In this edition of Commercial Disputes Weekly we consider decisions from courts at all levels dealing with issues relating to sanctions, arbitration enforcement, damages, leases and contract interpretation.
In this edition of Commercial Disputes Weekly, we consider two further decisions arising from the war in Ukraine, a planning issue relating to the ‘Bibby Stockholm’ and the interpretation of a limitation of liability claim.
US sanctions on Cuba have been slightly eased, after the OFAC amended the CACR on May 28.
In this edition of Commercial Disputes Weekly, we consider the application of recoveries with layered insurance, the duty of care of a marina owner, whether a second adjudication overlapped with the first adjudication settlement and further guidance on protections for leaseholders from cladding remediation costs.
In this edition of Commercial Disputes Weekly, we consider two more key decisions from the UK Supreme Court on force majeure, sanctions and company director liability in tort. We also discuss a tenant’s remedy for the landlord obtaining a lease termination order by misrepresentation and the latest example of the English courts upholding English jurisdiction agreements against attempts by the Russian courts to override them.
This edition of Commercial Disputes Weekly contains reminders of the need for clear contract drafting, as well as considering whether there was apparent bias following a judge’s speech and when a Master’s negligence gives a shipowner a defence to breach of charterer’s orders.
The cases in this edition of Commercial Disputes Weekly provide detailed interpretations of sanctions and landlord and tenant legislation, as well as the importance of the factual matrix in contract interpretation.
On October 18, 2023, the US Office of Foreign Assets Control (OFAC) issued General License 44 broadly permitting US and non-US persons to deal with Venezuelan crude and gas. Under the license, US and non-US persons generally can transport Venezuelan crude and gas until April 18, 2024.
This article summarises the recent judgment in Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A., where the Singapore Court of Appeal confirmed that an objective approach is to be adopted when interpreting sanctions clauses in letters of credit.