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Name Published Date Summary  
ACG v Olympic Airlines, revisited 14 May 2012 The unsuccessful summary judgment application in ACG Acquisition XX LLC v Olympic Airlines SA back in April 2010 drew attention mainly for disapplying the “hell or high water” provision in a lease, albeit temporarily and under a rather unusual set of circumstances
Gentlemen’s agreements versus index-linked contracts 10 May 2012 Global Liner Shipping Conference discusses the importance of a clear, written contract
Increased liability limits for maritime claims adopted 09 May 2012 On 19 April 2012, the Legal Committee of the IMO agreed to amend the 1996 Protocol (“Protocol”) to the 1976 Convention on Limitation of Liability for Maritime Claims (“LLMC”)
Argentina’s nationalisation actions causes a stir in oil markets 08 May 2012 Since the Argentine government’s announcement on 16 April 2012, regarding the nationalisation of oil company YPF’s controlling stake in Spanish-owned Repsol YPF SA, tensions have arisen between Argentina and Spain
Piracy off Somalia 01 May 2012 An overview of catch-and-release, counter-measures, trends, ransoms, hostages, rescues; recent developments appraised, and proposals for the future
Proposed EU Regulation On Public Procurement Outside The EU: Fortress Europe? 23 Apr 2012 On 21 March 2012 the European Commission published a draft Regulation which seeks to clarify the rules governing the access of third countries to the public procurement procedures of EU Member States
Freight forwarders cartel, applications for leniency, appeals and fines for infringing EU competition rules 20 Apr 2012 Commission imposes fines totalling €169 million on freight forwarders in relation to four price fixing cartels
The Future of Australia’s Wheat Export Market 20 Apr 2012 The Impact of the Wheat Export Marketing Amendment Bill 2012
The European Commission’s decision on margin squeeze test once again confirmed by the European Court in Telefónica case 17 Apr 2012 On 29 March 2012, the EU General Court (“GC”) vindicated the European Commission’s (the “Commission’s”) findings of liability under Article 102 of the Treaty for the functioning of the EU (“TFEU”) for abuse of a dominant position against Telefonica SA (“Telefonica”)
Insolvency and General Liens 03 Apr 2012 A landmark decision by Sir Andrew Morritt, the Chancellor of the English High Court means that freight forwarders, liner shipping companies and road hauliers finally have a court judgment that they are entitled to enforce their BIFA, bill of lading or RHA general lien clauses against administrators acting on behalf of insolvent customers
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