This briefing will discuss the potential effect of the COVID-19 crisis on borrowers and lenders and their English law loan facilities.
The English Court of Appeal has recently revisited the thorny issue of Legal Advice Privilege, providing some much-needed clarification on when it will apply, particularly in the context of communications sent to multiple addressees.
The significance of current and swell on performance warranties has been the subject of a number of recent LMAA arbitral awards that has brought to light certain uncertainties in this area.
The English High Court recently handed down a helpful judgment that confirms the longstanding market view on the use of bonds and guarantees issued following a declaration of General Average (GA).
In a significant decision published on 4 March 2020, the English Court of Appeal has upheld the decision of the lower court that an inadequate passage plan that had caused a vessel’s grounding rendered the vessel unseaworthy.