The COVID-19 pandemic has severely impacted the global economy. Many enterprises, especially smaller and micro businesses, have been adversely affected and continue to face unprecedented challenges. The assumptions and bases upon which businesses structured their affairs and obligations have fundamentally changed. Despite the swift introduction of multi-faceted relief measures to provide assistance to businesses, contractual […]
On 2 November 2020, the Payment Services (Amendment) Bill (the “Bill”) was introduced to amend the current scope of the Payment Services Act No. 2 of 2019 (the “PS Act”). According to the explanatory brief issued by the Monetary Authority of Singapore (“MAS”), the Bill seeks to introduce legislative amendments to the PS Act to align […]
In a time charter, the duties of the shipowner are to provide a seaworthy vessel, to effect loading and stowage, to sail keeping the itinerary ordered, to effect discharge and delivery of the cargo to receiver. In case the vessel is chartered in its entirety, the shipowner is also prevented from offering possible unused space […]
Authored by: Gautam Bhatikar | Senior Partner Legasis Partners, Mumbai India The Ministry of Shipping, Government of India (Ministry) has been proactively attempting to ameliorate the Major Port Sector in order to create an environment conducive to investment. The Ministry, in its bid to, increase and encourage the participation of private players in Public Private […]
The Indian Admiralty/ and Insolvency regime have been effectively revamped over the last couple of years. Prior to 2016, there were a multitude of convoluted legislations dealing with the insolvency process which failed to provide an efficient and time bound resolution to stakeholders. In 2016, following an exhaustive public consultation and recommendations process, the India […]
Israel – with a population of 9 million – has reported 99,599 coronavirus cases and 795 deaths. Businesses have been reopening subject to health regulations and policies, schools and universities are planned to open under restrictions after the summer vacation, and culture events will reopen soon. Yet, the second wave consequences and rapid increase of reported […]
A seafarer, employed onboard a vessel by virtue of an employment agreement entered into with the ves sers managds representative, sued for unpaid amounts. He sued the owner, the manager, and two individuals as manager,s consecutive representatives. The Court found all defendants were liable. Apart from the owner, joint and several liability applies for the […]
Foreward by Andrew Chilvers The COVID-19 pandemic is one of those once-ina-lifetime events that few people predict but which affects everyone – individuals, businesses and governments. During the past four months the pandemic has caused huge disruption to companies across the globe as many have suddenly found it impossible to fulfil their contractual obligations. From […]
The exploiter of a vessel is the party which uses, for its own account, a vessel belonging to another party. Exploitation refers to the maritime activity like the transport of goods and / or people, towage, fishing for profit. Exploiter has the maritime command of the vessel, and the will to exercise the maritime activity […]
The COVID-19 pandemic is one of those once-ina- lifetime events that few people predict but which affects everyone – individuals, businesses and governments. During the past four months the pandemic […]
Read moreThe right of an entrepreneur to allocate funds for the incorporation and operation of a legal entity pursuing commercial activity is founded and, when exercised, produces legal effects; the legal entity which is formed, is independent from the founder and its actions count for it. The above is not applicable when the legal personality of […]
Thursday, June 18th 2020 – 4:00 PM (BST) About 1 hour and 30 minutes Join Norfolk Judges, David W. Lannetti and Tasha D. Scott, for a free 1-hour CLE as they discuss the pandemic’s impact in the courtroom and on court practices.* What you need to know about: Courthouse health protection – masks and social distancing […]
