Shagang Shipping Co Ltd v HNA Group Co Ltd [2016]

Commercial Court
Written By Louise Glover

Shagang Shipping Co Ltd v HNA Group Co Ltd [2016] EWHC 1103 (Knowles J.)

“Following repudiatory breach of charter by a charterer, its guarantor was unable to convince the Court that the charter was procured by bribery so as to render the guarantee unenforceable by the disponent owner beneficiary. The Court found that evi…

“Following repudiatory breach of charter by a charterer, its guarantor was unable to convince the Court that the charter was procured by bribery so as to render the guarantee unenforceable by the disponent owner beneficiary. The Court found that evidence was insufficient and confessions of bribery unreliable, as they may have been obtained by torture.”

Antonino Cordopatri
E.G. Arghyrakis & Co.
18th May 2016

Louise Glover
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