Yachts and superyachts are of particular interest to the customs and tax administrations of the Member States of the European Union. The checklist enables owners and captains to ensure that they have taken all necessary measures to protect themselves and avoid penalties during customs inspections.

On 3 March 2011, Regulation 204/2011 (the ‘Regulation’) concerning restrictive measures in view of the situation in Libya entered into force in the EU on its publication in the Official Journal.

The Federal Supreme Court of the UAE has ruled in a recent case that the Ministry of Justice has the power to overturn any Court ruling which it deems to be "improper".

On 5 November the FCA banned three men convicted of sexual and (in one case) domestic violence offenses from working in the financial services sector ever again.

Recommendation 2009/1020/EU was issued on 21 December 2009 by the European Commission in response to concerns that few vessels had undergone the necessary modifications to burn compliant fuel, and concerns that there were risks to safety if unmodified vessels burned compliant fuel in boilers not designed for the purpose.

The English Court’s jurisdiction to award interest is discretionary and the overall purpose is to compensate the claimant for being deprived of the money which should have been available for its use.

The Hanjin crisis has been dominating the shipping news since 31 August 2016 when the company filed for court receivership in South Korea...

This case concerns a familiar situation in time charters. A bunker supplier provides bunkers to a time charterer, who has the job of ordering bunkers under the time charter.

The Court also considered issues concerning repudiatory breach, the validity of the charterparty guarantees and assessment of damages for repudiatory breach of charter.

A shipyard’s failure to procure a renewal of a refund guarantee (two days before its expiry), was held to be a breach of an implied term of the shipbuilding contract that the shipyard must procure an extension within a reasonable time.

When an arbitration award is appealed to the Court on the grounds that the Tribunal had no substantive jurisdiction, there is a complete rehearing of the issue of jurisdiction.

Mr Justice Hamblen’s recent judgment illustrates the pragmatic approach taken by the Commercial Court in relation to the incorporation of arbitration clauses since the House of Lords’ decision in the "Fiona Trust" case.

In a recent case, the DIFC Court of First Instance has for the first time considered jurisdictional issues in a reinsurance policy, asserting its jurisdiction in a dispute involving an international reinsurer's DIFC branch and a UAE based insurance company.

ILW contracts are just one of the products that are changing the way the reinsurance market does business.

The background to this litigation arose out of a claim in GAFTA arbitration proceedings by Toepfer against Broda for alleged breach of a contract for the supply of milling wheat.

The Commercial Court has recently determined a question of law arising under the Supplytime 1989 charterparty form.

This case has provoked a certain amount of interest despite the fact that the High Court's decision simply followed the general law in China that the right of parties to agree law and jurisdiction should be respected by the Chinese courts

It is common to provide expressly in a construction contract for the ways in which the parties will cooperate with one another.

In this recent decision, the English Court repeated the principles that it will apply when asked to construe commercial contracts.

Arguably, at its simplest, risk management operates at two levels. First, it is about minimising or eliminating the likelihood of an unplanned expense by reducing the chance of a "wrong" occurring.