The 12 October decision in Mamancochet Mining v Aegis ([2018] EWHC 2643 (Comm)) has created interest and extensive commentary, some of which might suggest that it has made it generally easier to pay insurance claims to Iranian bodies. But it has not, and what may seem a significant decision is presently still a narrow one.
The policy covered a steel cargo ...
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On 8 May the US withdrew from the JCPOA and set two dates when various sanctions against wide Iran interests would be brought back. Such were also deadlines by which all affected business should be concluded, on pain of broader US sanction of any not complying.
The day after the first waypoint of 6 August, the EU reintroduced an updated version ...
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If you are voyage chartering in or out, the 26 March decision in the “ACONCAGUA BAY” ([2018] EWHC 654 (Comm)) may be important. It is the first High Court r http:// uling here on an old question.
The issue was whether “always accessible” in a voyage charterparty meant that a vessel must be able always to reach the port/berth and also to leave ...
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Introduction
On 8 May 2018 President Trump announced US withdrawal from the JCPOA and phased reintroduction of the US nuclear-related sanctions removed by that agreement.
Amid the major geopolitical upheaval, commercial parties must concentrate on acting advisedly on any Iran-related business, and this brief note offers some initial guidance.
First of all
Many will have contracts with Iran and Iranian entities, and the measures ...
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