London Arbitration 1/18 — 994 LMLN 2

London Arbitration 1/18 — 994 LMLN 2

“Even when Charterers failed to pay hire on time, Owners' failure to allow the full time provided under an anti-technicality clause meant that their withdrawal was premature and repudiatory. Owners' notice was also defective in that it was not phras…

“Even when Charterers failed to pay hire on time, Owners' failure to allow the full time provided under an anti-technicality clause meant that their withdrawal was premature and repudiatory. Owners' notice was also defective in that it was not phrased as an ultimatum but as a reminder.”

George Arghyrakis
E. G. Arghyrakis & Co.
10th January 2018

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Unreported case in the Commercial Court - November & December 2017

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Rosgosstrakh Ltd v Yapi Kredi Finansal Kiralama AO & Anor [2017]