Compensation, Mitigation and the GAFTA Default Clause15 May 2024
In this article, Archit Dhir and Alex McCue discuss the recent UK Supreme Court decision in Sharp Corp Ltd v Viterra BV on the measure of damages under the GAFTA default clause.
In this article, Archit Dhir and Alex McCue discuss the recent UK Supreme Court decision in Sharp Corp Ltd v Viterra BV on the measure of damages under the GAFTA default clause.
This article explains how UNCLOS requires States to meet or exceed the standards being set by the International Seabed Authority in relation to pollution control and considers what this might mean for the regulation of seabed activities by States.
We report on the passing into law of the Financial Services and Markets Act 2023, which creates a new financial services regulatory framework for the UK, and changes to the exemptions for high net worth individuals and sophisticated investors under the UK financial promotion regime in January and March 2024.
Three decisions have put the spotlight on what reliance can be placed on a Payment LOI by a buyer or issuing bank under a LC. Marketable title was title that may at all times and under all circumstances be forced on an unwilling buyer in contrast to a title which would expose the buyer to litigation or hazard.
A look at upcoming changes to the Listing Rules, updated market soundings guidance, a recent case challenging the FCA’s approval of a prospectus and proposals for share digitisation.
A look at the recent amendments to the QCA and UK Corporate Governance Codes.
A look at the amendments to the UK Takeover Code and the latest developments concerning reform of the UK prospectus regime.
Deep seabed mining contractors and Sponsoring States have several compulsory and binding dispute settlement options to enforce their rights and protect their investments under UNCLOS. Such options are critical to ensure that the International Seabed Authority and its member States comply with their legal obligations under UNCLOS.
In December 2023, the 28th United Nations Conference of the Parties (“COP28”) reached consensus on a just and equitable transition away from fossil fuel use supported by significant global growth in renewable energy capacity.
Critical raw materials have a part to play in meeting the EU’s net-zero and climate-related goals.
This episode discusses the key takeaways from the series overall including the need for improved regulation, transparency, and collaboration across industry and sector participants to drive transition, the cost of inaction and the impact of individuals in addressing climate change.
This article outlines the rights of Contractors under UNCLOS, discusses the role of customary international law and highlights important considerations Contractors should keep in mind as negotiations at the International Seabed Authority progress.