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12 Jan 2021, 4:07 am
In a late 2020 judgment (Aegean Baltic Bank SA v Renzlor Shipping Ltd and Ors [2020] EWHC 2851 (Comm)), the High Court provided important guidance on the position of a bank under security documents relating to a loan agreement, and its obligations when exercising its rights as assignee to the insurance policies over a vessel. [read post]
31 Jul 2020, 3:18 am
In Sea Master Shipping Inc v Arab Bank (Switzerland) Ltd & Yousef Freiha & Sons SA [2020] EWHC 2030, Owners, in a situation where Charterers were in insolvent liquidation and unable to meet their obligations under a voyage charter, sought to hold receivers liable for delay at the discharge port under the bill of lading. [read post]
20 Oct 2010, 2:31 am
Court of Appeal (Civil Division) Anam v Secretary of State for the Home Department [2010] EWCA Civ 1140 (19 October 2010) KG Bominflot Bunkergesellschaft Für Mineraloele mBH & Co v Petroplus Marketing AG ( the Mercini Lady) [2010] EWCA Civ 1145 (19 October 2010) Bolsover District Council & Anor v Ashfield Nominees Ltd & Ors [2010] EWCA Civ 1129 (19 October 2010) High Court (Chancery Division) Lloyds TSB Bank Plc v Markandan & Uddin (a firm) [2010]… [read post]
22 Jul 2019, 1:00 am
The Manchester Ship Canal Company Ltd v Vauxhall Motors Ltd, heard 9-10 Jul 2019. [read post]
28 Apr 2021, 3:32 am
Bank guarantee Bank guarantees, or bank bonds, are an undertaking by a bank to cover a debt or risk on a transaction. [read post]
19 Apr 2021, 7:41 am
Following the Court of Appeal’s decision in Spar Shipping AS v Grand China Logistics Holding (Group) Co Ltd [2016] EWCA Civ 982 it is now settled that, in the absence of specific terms, hire payment obligations . [read post]
16 Dec 2020, 6:21 pm
From Okoli and Oppong (2020), and my assessment of reported cases, jurisdiction agreements have only been upheld in five cases: Nso v Seacor Marine (Bahamas) Inc (2008) LPELR-CA, Beaumont Resources Ltd v DWC Drilling Ltd (2017) LPELR-42814 (CA), Nika Fishing Co Ltd v Lavina Corporation (2008) 16 NWLR (Pt 1114) 509, Megatech Engineering Ltd Sky Vission Global Networks LLC (2014) LPELR-22539 (CA) and Damac Star Properties LLC v Profitel Limited (2020)… [read post]
9 Aug 2021, 3:27 pm
Bank of Chicago, 123 U.S. [read post]
10 Aug 2020, 2:24 am
Cardboard was a serious fire hazard on ship. [read post]
7 Jul 2019, 4:23 pm
Italy Carola Rackete, the captain of detained migrant rescue ship Sea-Watch 3, will sue Matteo Salvini for defamation after a tirade of insults from Italy’s far-right interior minister, her lawyer said Friday. [read post]
12 Jul 2018, 9:40 am
. - Houston 2018) JOE LETEFF, Appellant,v.JIMMY ROBERTS, INDIVIDUALLY AND D/B/A CITY AUTO SALES, Appellee.No. 01-17-00398-CV.Court of Appeals of Texas, First District, Houston.Opinion issued May 22, 2018.Paul Houston Lavalle, for Jimmy Roberts, Individually and d/b/a City Auto Sales, Individually and d/b/a City Auto Sales, Appellee.Daniel Kistler, for Joe Leteff, Appellant.On Appeal from the 212th District Court, Galveston County, Texas, Trial Court Case No. 16-CV-0645.Panel consists of… [read post]
18 May 2019, 9:27 am
The Dallas Court of Appeals recently reversed a default judgment (albeit for unrelated reasons) in a case in which a bank had claimed an attorney fee of $3,000 for obtaining the default judgment on an alleged credit card debt, $1,500 for defending a post-judgment motion, plus an additional $10,000 in additional contingent fees for defending the default judgment on appeal. [read post]
14 Sep 2017, 1:33 pm
May a payday lender enforce arbitration clause after wrongfully filing bad-check affidavits and procuring criminal prosecution of borrowers in aid of collecting civil debt when debtors turn the tables on them and sue? [read post]
