Undisclosed principals and liability under letters of indemnity
In this article, Mike Phillips and Archit Dhir discuss the law as to undisclosed principals in the context of liability under letters of indemnity, as raised in the recent decision in Yangtze Navigation (Asia) Co Ltd & anor v TPT Shipping Ltd & ors (The “Xing Zhi Hai”) [2024] EWHC 2371 (Comm).