On 4 December 2017, Hong Kong will apply the International Maritime Organisation's latest amendment to the limits of liability under the 1996 Protocol to the Convention on Limitation of Liability...

Insurance executives have been warned that they inadvertently face falling foul of EU competition laws by being present at meetings where ‘commercially sensitive’ information is exchanged between competitors.

This briefing outlines the effect of the Order of Mr Justice Morgan in the High Court in England in the matter of Samsun Logix Corporation ("Samsun") on Thursday, 12 March 2009.

The Claimants - Hamishmar, an insurance agent and the wholly owned subsidiary of Harel, an insurance company incorporated in Israel (generically referred to as "Harel") - were the coverholder on a number of binding authority agreements entered into from 1993 to 2000 in relation to public/product liability and professional indemnity business with various underwriters, including Lloyd's underwriters. FirstCity - a Lloyd's broker - acted on behalf of Harel in the placing and operation of th

Since the Liner Conferences Block Exemption expired on 18 October 2008, Regulation 823/2000, the Consortia Block Exemption has been the only block exemption regulation applicable to the transport sector, and it will expire in April 2010.

France has enacted new legislation imposing strict time limits on insurers for handling property and casualty insurance claims, requiring offers or reasoned refusals within two to six months depending on expert involvement. The law mandates payment within 21 days of acceptance and grants the French Prudential Authority oversight powers, though implementation details await a forthcoming decree.

Ever since John Reid’s famous statement that the UK Home Office (his department at the time) was "not fit for purpose", this term has been heard increasingly frequently in the media, applied to a range of situations. Perhaps it is timely to consider its proper application.

The most direct way to enforce an award or judgment is to find an asset which belongs to the defendant and obtain a court order in the country where it is located.

In May, the High Court handed down their decision in The Director of the Serious Fraud Office v Eurasian Natural Resources Corporation Ltd.

Shippers, forwarders, charterers and liner operators, among others, face potentially unlimited liabilities for mis-declared cargoes.

The European Parliament's Economic and Monetary Affairs Committee has recommended that the application date for the Insurance Distribution Directive (IDD) be delayed until 1 October 2018.

The Court of Appeal has delivered a significant judgment on the Hague-Visby Rules time bar, addressing whether arrest proceedings for security constitute "suit" under Article III rule 6, and establishing new requirements for identifying deck cargo in bills of lading. The case arose from a cargo of timber logs carried from New Zealand to India, where some logs were loaded on deck and others below, leading to questions about whether the deck cargo statement was sufficiently specific to exclude those logs from

This is reported at [2007] All ER (Comm). Whether the principle in Turner v. Grovit (see Issues 5-7) applied to arbitration clauses has been the subject of much divided opinion.

A top London maritime lawyer has warned of the "theoretical threat" that the UK may lose some claims work due to the Rotterdam Rules liability convention, but added that traders, liner operators and ship owners will still elect to keep London as their "preferred base of resolving disputes".

Finding in favour of insurers, the Full Federal Court substantially upheld the first instance decision in the COVID-19 BI Test Case.

In accordance with the Insolvency Rules 1986, unsecured creditors are entitled to statutory interest on the debts proved in the administration.

The Court of Appeal’s decision in Mediterranean Salvage and Towage Ltd v Seamar Trading and Commerce Inc (The “Reborn”) (10 June 2009) makes clear that if shipowners wish charterers to warrant the safety of ports in charterparties such warranties must be explicit.

In KG Bominflot Bunkergesellschaft mbh & Co KG v Petroplus Marketing AG (“The Mercini Lady”) (22 May 2009) the High Court has again considered “final and binding” clauses in the context of an FOB sale contract.

The decision of the Court of Appeal in ED&F Man Commodity Advisers Limited v. Fluxo-Cane Overseas Limited (13 May 2009) illustrates some of the potential pitfalls for brokers in trying to balance compliance with directions of commodity exchanges, the need to maintain orderly markets and protection of credit limits and trading relations with their clients.

From 1 September 2009, RHA members are entitled to trade subject to the new 2009 Edition of the Conditions.