Marine Money: The Sale of Shipping Loan Portfolios/Shipping NPLs

22 June 2018

Kavita Shah looks at the market for secondary debt packaged as portfolios of loans in the shipping sector in the latest edition of Marine Money magazine. What are the drivers that lead a bank to sell? What are the factors leading a purchaser to decide to buy? And what are the challenges associated with such transactions?

Double Recovery? Damages for Cargo Claims

18 June 2018

The outcome of Sevylor Shipping v Altfadul Company held an owner liable to a bill of lading holders for its full damages claim. Read on to find out why this outcome could be difficult to reconcile with key principles of English law.

New UAE Law on Arbitration – A Shift in the Right Direction

29 May 2018

The long awaited UAE Arbitration Law has been issued by the President of the UAE, currently expected to come into force in July 2018. What does the new law entail?

Effective Date of Termination of Employment

24 May 2018

What is the importance of establishing the exact date when a contract of employment has come to an end?

Aviation Update

24 May 2018

This aviation update discusses a recent decision of the CJEU, the English Supreme Court’s refusal of Emirates’ application for permission to appeal the decision of the CA, and some guidance for air carriers in relation to GDPR.

US Withdrawal From JCPOA: US Sanctions and EU Countermeasures

23 May 2018

What are the effects of the US withdrawal from the Joint Comprehensive Plan of Action and the EU countermeasures?

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