Press releases, news items and e-bulletins from True North.
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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 »