(2016) 966 LMLN 1— London Arbitration 27/16

(2016) 966 LMLN 1— London Arbitration 27/16

“It was held that pleadings containing negotiations between Charterers and Owners could not be protected by privilege since these negotiations were aimed at finding a commercial solution to a commercial problem (the inability of Charterers to make h…

“It was held that pleadings containing negotiations between Charterers and Owners could not be protected by privilege since these negotiations were aimed at finding a commercial solution to a commercial problem (the inability of Charterers to make hire payments following a significant plunge in the freight market). Factors such as the presence of lawyers in negotiations, the presence of a third party acting as a mediator, or discussion of a novation did not create a "legal dispute". “

Vasilis Bikakis
E. G. Arghyrakis & Co.
04th January 2017

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(2016) 967 LMLN 4- London Arbitration 30/16