This session on Shipping and Trading Training for traders, operators and banks, will start with highlights from recent case law including a favorable Supreme Court judgment secured by HFW in Taurus v SOMO looking at the beneficial entity under an LC, then review the recent Supreme Court decision of Volcafe v CSA reviewing the burden of proof under the Hague-Visby rules. Further highlights include the Court of Appeal decision in "PACIFIC VOYAGER" (voyage charterparty/ETAs) and the Commercial Court decisions in "OCEAN NEPTUNE" (waiting for orders/demurrage).
We then move on to charterparties, substitution and liens, where we consider an FOB buyer's right to substitute its nominated vessel in sale contracts, then look at the risks posed by fraud in the metals trade including the wider consequences for parties who countersign letters of indemnity. We next review liens including when owners have the right to withhold discharge and a case study on when Owners can hold Charterers to ransom.
We conclude explore the three primary functions of a bill of lading: a receipt, evidence of the contract of carriage and a document of title, considering various case studies to consolidate concepts covered during the session.
- 13.00 – 13.50 - Lunch: Restaurant Meating, Grafenauweg 6, 6300 Zug (offered from HFW)
- 14.00 – 15.15 – Case Update
- 15.30 – 16.30 – Charterparties, Substitution and Liens
- 16.30 Networking coffee break
- 16.45 – 18.00 – Bills of lading
- Sarah Hunt, Partner
- Michael Buisset, Partner
- William Hold, Senior Associate
- Caroline West, Associate
Admission fee per person
- Participants from ZCA member firms CHF 300.-, every further person CHF 150-.
- Non-members CHF 400.-, every further person from the same company CHF 200-.
For more information, please see the following flyer:
Flyer ZCA Seminar - 2 May 2019