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Can I have a refund?16 December 2022

In this article we discuss Havila Kystruten AS v Abarca Compania de Seguros AS in which we represented the successful Norwegian shipowner. The judgment is welcome for the detailed guidance on the parties’ rights to terminate shipbuilding contracts as well as the nature and scope of refund guarantees.

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Interpreting see-to-it and on-demand guarantees30 September 2021

The English Court of Appeal’s recent decision in Shanghai Shipyard Co Ltd v Reignwood International Investment (Group) Company Limited provides important clarification on how the courts will construe such instruments and indicates a movement away from presumptions based on the identity of the guarantor.

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