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Getting letters of undertaking right

A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo damage claim in Lavender Shipmanagement Inc v. Ibrahima Sory Affretement Trading S.A. & Ors (Majesty) [2020] EWHC 3462 (Comm) raised the issue of whether the ...

The post Getting letters of undertaking right first appeared on Hellenic Shipping News Worldwide.

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A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo damage claim in Lavender Shipmanagement Inc v. Ibrahima Sory Affretement Trading S.A. & Ors (Majesty) [2020] EWHC 3462 (Comm) raised the issue of whether the ...

The post Getting letters of undertaking right first appeared on Hellenic Shipping News Worldwide. [post_title] => Getting letters of undertaking right [post_excerpt] => A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo damage claim in Lavender Shipmanagement Inc v... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => getting-letters-of-undertaking-right [to_ping] => [pinged] => [post_modified] => 2021-02-08 22:00:57 [post_modified_gmt] => 2021-02-08 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=853827 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )