Mr Ian Teare

Ian Teare

Updates

Shipping & Transport

New Flamenco – Supreme Court dances in different direction
United Kingdom | 03 January 2018

A recent Court of Appeal decision overturned the High Court judgment against the time charterers of a ship, reinstating the arbitration award in their favour. The decision has added another reason for delaying a final assessment of the loss of profit on a repudiated long-term charter by waiting to see whether the owners will sell the vessel.