Lloyd's Maritime Law Newsletter

The Court of Appeal have held in a unanimous decision that a Mareva injunction may be granted against a non-foreign defendant if the circumstances were such that there was a danger of his absconding or of his assets being removed so as to render a..

The Court of Appeal has reserved judgment in Universe Tankships Inc. of Monrovia v. International Transport Workers Federation . The ITF are appealing against the decision of Mr. Justice Parker (see Issue no. 12 LMLN) holding that payments made by..

A Texacotime 2 charter-party dated Sept. 21, 1973 and amended in July, 1974 provided: 1(f): Owner guarantees that the vessel shall be capable on delivery of maintaining and shall maintain throughout the period of this charter-party on all sea..

Hire was not received by the owners’ bank on time due to an error in sending the telex transferring the hire. The owners’ bank had changed their telex number but had failed to correct their entry in the international directory. An..

Charterers applied to continue an injunction restraining arbitrators from making an award until they were able to obtain evidence from Australia which they considered vital. The disputed damage had occurred in August, 1976 and the hearing had taken..

By a telex dated Apr. 26, 1979 buyers in England offered to buy steel bars from sellers in Austria. The sellers accepted the offer in a telex of May 3 subject to certain amendments and requested payment by letter of credit through an Austrian bank...