An exclusive remedy?

Nick Austin and Mike Adamson, of Reed Smith, who acted for the successful owners in The Eternal Bliss, consider industry reaction to the case and ask where it leaves us pending an appeal later this year

At the start of his judgment in K Line Pte Ltd v Priminds Shipping (HK) Co Ltd (The Eternal Bliss) [2020] EWHC 2373 (Comm); [2020] 2 Lloyd’s Rep 419, Andrew Baker J said: “From time to time, a case provides the opportunity to resolve a long-standing uncertainty on a point of law of significance in a particular field of commerce. This is such a case”.