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THE LMAA TERMS 2012
The London Maritime Arbitrators Association ('LMAA') has published a revised version of its terms of procedure, which will be effective in respect of all appointments made on or after 1st January 2012. It replaces the previous, 2006 version and the purpose of this article is briefly to set out the principal differences between the two.
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Posted on: Wednesday, January 04, 2012
THE BRIBERY ACT 2010 AND THE SHIPPING INDUSTRY
The Bribery Act 2010 (the 'Act') came into force in the UK on 1st July 2011, bringing a comprehensive and stringent new statutory regime to an area where the law has until now developed piecemeal and enforcement has traditionally proved largely ineffectual. The impact of the far-reaching changes that this legislation entails, and its extra-territorial application, will be felt particularly keenly in the maritime and shipping industry.
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Posted on: Friday, July 22, 2011
BROKERAGE COMMISSION: AN OVERVIEW
A shipbroker ordinarily is not a party to the charter he procures. He is, though, usually entitled to enforce a charterparty brokerage clause in his own name pursuant to the Contracts (Rights of Third Parties) Act 1999 (the 'Act'). The Act creates an exception to the doctrine of privity of contract. It enables a third party to enforce a contractual term if the contract expressly provides that the person may do so (section 1(1)(a)) or, of more relevance to a shipbroker, if the contractual term purports to confer a benefit on the person (section 1(1)(b)).
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Posted on: Friday, July 22, 2011
LONDON ARBITRATION CLAUSES UNDER THREAT?
Recent decisions regarding recognition of foreign judgments have had the unfortunate effect of significantly undermining the ability of the English courts, when faced with competing proceedings elsewhere in the EU, to compel parties to adhere to their prior contractual agreement to submit disputes to London arbitration.
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Posted on: Tuesday, May 25, 2010
ALEXANDRA PALACE FUN RUN SUNDAY 16TH MAY 2010
Fishers' team successfully completed the 10k fun run on Sunday May 16th. We helped in collecting over £2,000 including gift aid for our chosen charity, Open Door.
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Posted on: Monday, May 24, 2010
FREEDOM OF INFORMATION ACT
The Freedom of Information Act 2000 ('FOIA') received Royal Assent on 30th November 2000 and came into force in January 2005. It deals with public access to official information and its effect is to give any person the legal right to obtain recorded information held by a public authority, or a company wholly owned by such an authority, on any subject they choose.
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Posted on: Tuesday, February 23, 2010
The Rotterdam Rules
On 26th October 2009 Mali became the twenty first signatory to the Convention on Contracts for the International Carriage of Goods Wholly or Party by Sea, known as the 'Rotterdam Rules'.
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Posted on: Thursday, January 21, 2010
       
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