“Time thereby lost” under the NYPE off-hire clause: Court of Appeal reinstates conventional approach
The Court of Appeal has recently handed down a significant decision on the meaning of the words ‘time thereby lost’ under the NYPE off-hire clause.
International Trade and Commodities Legal Update - Autumn 2013
Ince & Co's International Trade and Commodities Legal Update is a bi-annual publication providing our trading clients with an update on important legal decisions and developments relating to trading, trade finance, shipping and related topics.
Constructive knowledge of insurers: online databases
Can an insurer be presumed to know information available in online databases to which it subscribes? It is an important question: if it can, then the insured is relieved of its pre-contractual duty to disclose it. This issue recently came before the courts both in England and Hong Kong. We review the decisions and consider their implications for parties entering into an insurance contract.
Key considerations for airline start-ups
Starting an airline requires entrepreneurs with drive, motivation and vision to turn the idea into a viable reality. It is vital to seek out the right specialist expertise at the earliest stages to get things established on the right footing.
The Ince & Co Aviation Team has advised clients on all matters relating to aviation start-ups, from aircraft financing, leasing and engine agreements through to regulatory issues, corporate structures and shareholding arrangements, and the resolution of disputes when required. If you are intending to establish an airline, the areas outlined below should be carefully considered.
Passing costs liability down a charterparty chain
This decision deals with the recoverability of costs as damages in arbitration, where the claim is being passed down through a chain of charterparties but there is no arbitration reference for one of the links in the charterparty chain.
Worldwide anti-corruption initiatives: a comparison of UK and US legislation
This article compares the UK Bribery Act and the US Foreign Corrupt Practices Act (FCPA) in the context of global anti-corruption initiatives.
Offshore wind energy - The importance of clear allocation of contractual risks and liabilities
If the UK offshore wind energy sector is to reduce costs it will be necessary to address the contractual interface between owners/developers and contractors early in the project lifecycle so risk and responsibility can be considered in detail and allocated. In this article we discuss the merits of various contracting strategies and forms which are currently in use.