UK Club correspondents in South Korea have provided the following two updates regarding strict regulations for vessels arriving at South Korea with crew joining from certain countries.
Our correspondent Antarica Group have provided the following update regarding the risk of Coronavirus spreading in Russian ports.
Client alert: U.S modifies russian sanctions against united company Rusal extending time to wind down contracts
Below is a Client Alert from US Law Firm, Freehill, Hogan & Mahar LLP advising on modifications to sanctions imposed on United Company Rusal PLC."
On August 2, 2017, President Trump signed into law the "Countering America's Adversaries Through Sanctions Act". The Act imposes new and further sanctions on Iran, Russia and North Korea.
The Clubs' Correspondents have issued advice on aspects of quality and conditions the vessel should pay attention to during loading of bulk agricultural products, as well as points to consider while arranging steel surveys in South Russian ports of the Black sea.
Russia - Time Bars
In general, Russian law does not contain a definition of time bars, it refers to provisions concerning a period of limitation of actions (hereinafter - the limitation period). Legal meaning of the limitation period is quite different from legal meaning of time bars. Russian Civil legislation stipulates that the limitation period is a period for defence of rights of a person whose rights have been infringed. Unless otherwise provided by law, the running of the limitation period shall commence from the day when the person became or should have become aware on infringement of his right and on proper defendant on the claim. A demand for the protection of an infringed right shall be taken for consideration by the court irrespective of expiration of the limitation period. The limitation period shall be applied by a court only on request of a party of the dispute, made before the rendering of a decision by the court. In absence of that request the dispute shall be considered by the court even in case if the limitation period has been expired.