The German Federal Government has announced support measures for businesses struggling from the effects of the COVID-19 epidemic. This newsletter focuses on the implementation of a protective financial shield as well as certain additional measures including tax reliefs and a loosening of insolvency filing requirements.
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).
This article considers the English High Court’s decision in The Tiger Shanghai, which addressed the issues arising out of obligations in time charterparties to notify claims and provide supporting documents within narrow time frames.
In the Amalie Essberger, the English High Court recently sought to clarify the question of precisely what demurrage time bar clauses require, but in so doing, some lingering uncertainty remains.
The recent outbreak of COVID-19, better known as the Coronavirus, is having a major impact on the global economy. In order to take adequate measures to fight the aforesaid virus, on 23 February 2020 the Italian Government enacted law decree no. 6.
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.
As a result of the transaction, Dea Capital has, through one of its fully owned subsidiaries, acquired a vessel from Elbana di Navigazione’s fleet.
The transaction was notable for being the first of its kind undertaken by Capital Maritime, demonstrating Chinese leasing as an increasingly attractive ship financing option for European owners.