“Don’t Shoot Yourself in the Foot” – London Arbitration 12/15 (2015) 930 LMLN

    View Authors March 2017

    Sometimes, outcomes that may be legally obvious are not always commercially expected. This article considers the recent LMAA arbitral award highlighting the implications of agreeing to amend laytime/cancellation clauses. This article also provides commentary and a number of practical considerations when considering whether to, when to, or how to amend a laytime/cancellation clause.

    This article originally appeared in the Shipping and Trade Law Journal on 23 March, 2017.