News
Our Topics
Arbitration Maritime IndustryThe ongoing legal saga: Court bans Finland’s Wartsila from suing a Russian plant abroad
A court in St. Petersburg has forbidden the Finnish company, Wartsila, from pursuing or continuing arbitration proceedings abroad against a Russian plant. This decision follows the court’s earlier rejection of Baltic Plant’s €7.6 million claim against Wartsila for non-compliance with six independent guarantees.
Maritime IndustryKDB.legal teamed up with Lexology – Getting the deal through and published the German chapter of the Shipping report
We are happy to share that KDB.legal teamed up with Lexology Getting The Deal Through and prepared the German chapter of the Shipping Report.
Maritime IndustryGerman insolvency law vs. worldwide freezing order 1:0
A worldwide freezing order under English law is a legal instrument that allows to freeze a defendant’s assets located across the world, and not limited to just one jurisdiction. In contrast to an arrest, a worldwide freezing order has no effect in rem, but ad personam. It may exert enforcement and good conduct pressure on internationally […]
Maritime IndustryChittagong scrap yard: The last shipowner is responsible for the working conditions (?)
©evankrause_-Unsplash.com Background The English High Court, by order of 13 July 2020 ([2020] EWHC 1846 (QB) – Hamida Begum vs. Maran (UK) Ltd), allowed a lawsuit by which the widow of a worker who died in a fatal accident at a scrap yard in Bangladesh sued the last shipowner of a tanker sold for scrapping […]
- Maritime Industry
Court Reduces Liability of Party Involved in Assisting in Discharge Operation by Almost 90 %*
In the maritime world, shipowners, charterers, as well as professional operators and managers of vessels can limit their liability under the 1976 London Convention on Limitation of Liability for Maritime Claims (“the Convention”). In the case at hand, The English Admiralty Court ruled that the Convention applies not only to professional managers and operators of […]
- Maritime Industry
New U.S. Sanctions Advisory for the Maritime Industry
On May 14, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) together with the U.S.Department of State and the U.S. Coast Guard issued “Sanctions Advisory for the MaritimeIndustry, Energy and Metals Sectors, and Related Communities” (the “Advisory”). The Advisory offers a global guidance across 10 sectors that touch the maritime […]
