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The concept of an “arrived ship” is important to determine when laytime commences in a voyage charter. It is also important for traders who incorporate charterparty terms into their contract of sale for the purposes of ascertaining demurrage.
Global law firm Kennedys has strengthened its insurance coverage capabilities and global insurance practice with the hire of Mark Dessi from US firm Skarzynski Black. He joins as a partner in the New York office where he is reunited with several former partners from Sedgwick who joined Kennedys CMK last autumn.
We are pleased to confirm that we have promoted six solicitors to our partnership, taking our worldwide partner count to 279.
We look at the recent High Court and Court of Appeal case of Dyna-Jet Pte Ltd v Wilson Taylor Asia Pacific Pte Ltd ;  and Wilson Taylor Asia Pacific Pte Ltd v Dyna-Jet Pte Ltd .
In this briefing we consider some recent decisions that have been handed down in the UK and overseas courts, that include: the meaning of “unit” under the Hague Rules; the right of owners to abandon a vessel arguably late and claim a CTL; and ‘whaling’ in Singapore, which is a cyber attack case, where payments are made by a bank on the instructions of an impostor.
We are pleased to announce that we have promoted four attorneys to our partnership in the United States, taking our worldwide partner count to 271.
Last year, the Singapore listed company CSE Global Limited (CSE Global) and its wholly-owned Singaporean subsidiary CSE TransTel Pte. Ltd. (CSE TransTel) (collectively referred to as “CSE”) entered into a settlement agreement with the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) requiring CSE to pay a settlement of US$12 million.
Australia recently became the sixth country in Asia to require some form of mandatory notification to the relevant authorities and/or affected individuals in the event of a data breach.
In a recent amendment to the Singapore Rules of Court, there is a change in the form of a caveat against arrest which may potentially bring about more interest in this procedure.
Reinventing insurance for the mobile generation: will blockchain secure the future of insurers over the tech giants?
Insurance is an old industry. Entrepreneurs are looking at how the latest technologies can create new business models to increase efficiency, reduce administration and make insurance products attractive to today’s digital natives.