Shipowners' Mutual Protection and Indemnity Association (Luxembourg) v Containerships Denizcilik Nakliyat ve Ticaret A.S ("Yusuf Cepnioglu") [2016]
Shipowners' Mutual Protection and Indemnity Association (Luxembourg) v Containerships Denizcilik Nakliyat ve Ticaret A.S ("Yusuf Cepnioglu") [2016] EWCA Civ 386 — 20.04.2016 (Moore-Bick LJ, Longmore LJ, McFarlane LJ)
“Turkish Charterers unable to rely on Turkish statute allowing direct action against a P&I Club and ordered to arbitrate in London under Club Rules. But the "pay to be paid" rule means they are unlikely to recover.”
Vasilis Bikakis
E. G. Arghyrakis & Co.
20th April 2016