QCR Spring 2017: Interpreting commercial contracts and excluding consequential losses.
Transocean Drilling v Providence Resources  EWCA Civ. 372.
The English Court of Appeal has overturned a High Court decision on the interpretation of a consequential loss provision in a drilling contract. The judgment provides useful and more general guidance as to how the court will interpret provisions in commercial contracts. It also serves as a reminder of the importance of clearly drafted contractual provisions.
Read the UK Defence Club's Soundings here.
You may also be interested in:
The UK P&I Club recently held the 16th in our series of Live Webinars, this time in collaboration with the Mission to Seafarers which focussed on Crew Health matters and in particular mental wellbeing.
QCR Spring 2018: Court of Appeal confirms that package limitation under the Hague Rules does not apply to bulk cargo
Sea Tank Shipping AS v Vinnlustodin HF, Vatryggingafelag Islands FH (The “Aqasia”)  EWCA Civ 276