Press releases, news items and e-bulletins from True North.
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True North advises on a wide-range of non-insured matters, including the drafting of commodity sales contracts, and dealing with disputes under them. This can be done on retainer or pay per use basis which is extremely competitive. The provision of these services by True North means we keep under constant review relevant legal developments, and our website gives us an…Read More »
London arbitration tribunals continue to provide helpful illustrations of principles applying to laytime and demurrage cases and we have a new example in London Arbitration 12/19 as reported in Lloyds Maritime Law Newsletter- May 2019 This Award doesn’t establish any new law but the report provides a good work-out on points that frequently crop-up in such disputes, and illustrates some…Read More »
In London Arbitration 12/18 the Tribunal had to consider whether the sellers’ failure to provide a letter of credit (“l/c”) was a repudiatory breach of contract entitling buyers to accept and terminate the sale contract. The sale contract provided for the l/c to be opened by the buyers within 2 banking days of the date of the contract. The contract…Read More »
An interesting London arbitration was published earlier this month involving a sale of goods dispute. Pursuant to a sales contract the Seller chartered a ship on voyage basis to carry a consignment of feed barley from Kiliya (Ukraine) to Benghazi (Libya) on CFR (cost and freight) terms. The case related to delay sustained by CFR Buyers in making timely payment…Read More »
An interest article on resourcing from our friend Julian Clark of Hill Dickinson looking at how changing expectations in young Lawyers may impact the legal profession in the future. We have a claims team that is the size of a small law firm and we have found it easier in recent years to attract legal talent as we offer…Read More »