Indian Supreme Court makes ground breaking decision on the issue of seat of a foreign arbitration

This article examines the unconventional but welcome pro-business approach taken by the Indian Supreme Court. Background: In April 2021, the Supreme Court of India decided a civil appeal arising out of an arbitration award, filed by PASL Wind Solutions Pvt. Ltd. (“the Appellant”). The award was passed pursuant to an arbitration agreement under a settlement […]

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Arbitrator Cannot Rewrite Terms Of Agreement On Account Of Commercial Difficulty: Delhi High Court

The High Court of Delhi (High Court), in the recent judgment of Union of India, Ministry of Railways, Railway Board v. M/S Jindal Rail Infrastructure Limited,1 held that it is not open for the arbitral tribunal under the Arbitration and Conciliation Act, 1996 (Arbitration Act) to examine the commercial wisdom of the parties and rewrite the terms […]

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NEWSFRONT: Legal Opionion- Auction / Maritime lien

In a foreign flag vessel’s auction taking place in Greece creditors’ ranking takes place according to Greek law. However, the flag state law regulates encumbrances, including maritime liens.In the case under consideration, the vessel was seized at Elefsina port and thereafter was towed to Piraeus port, where she underwent repairs. Repairers announced their claim in […]

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Auction of Foreign Flag vessel in Greece / Maritime liens

A foreign flag vessel auctioned in Greece will have maritime liens claims judged under the law of the flag she flies. Ranking will take place according to the Greek Code of Private Maritime Law. Privileged ranking will apply if a lien is recognised as Maritime under the law of the vessel’s flag at the time […]

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NSE scam: A Wake Up Call For Corporate Governance

With increased public participation in the securities market, the need has arisen to increase the power of regulatory bodies like SEBI, strengthen stock exchanges Global investors landing on Indian shores and Indian companies coming out with initial public offerings have underscored the need for better governance standards in companies. In 2021, 63 companies raised a […]

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PDLegal expands its International Arbitration and China Practices with the appointment of Cathryn Neo

PDLegal LLC is pleased to announce the appointment of Cathryn Neo as partner to bolster the firm’s International Arbitration and China Practices. Prior to joining PDLegal LLC, Cathryn practised in the Dispute Resolution team of a leading UK international law firm in Singapore. Cathryn has a broad commercial disputes practice with experience in international arbitration, […]

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Legal Update, Marine: The Sevilla Knutsen [2022] Sghc 20 – Damage To Coral Reefs In The Federated States Of Micronesia

THE SEVILLA KNUTSEN [2022] SGHC 20 PDLEGAL LLC was instructed by P&I Club Assuranceforeningen Skuld to act for the Owners of the vessel Sevilla Knutsen. The Sevilla Knutsen [2022] SGHC 20 appears to be the first reported decision in the Singapore courts involving the assessment of loss arising from damage to coral reefs. Background: On […]

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THE NAVIOS KOYO – A REMINDER OF GOOD PRACTICE

INTRODUCTION A Bill of Lading operates in common law as a document of title to goods. Much of global trade is driven by the carriage of goods onboard sea-going vessels, which are then transacted up-stream and down-stream through the transfer of Bills of Lading against financing facilities. Bills of Lading are often drawn up on […]

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TLA joins IR as the exclusive Maritime Law Member in Belgium

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mathias Dendievel of TLA. Mathias has joined IR as our exclusive Maritime Law Member in Belgium. As a specialized law firm, TLA can assist you throughout Europe with your legal problems in transport and logistics, thanks to years of extensive specialization […]

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