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

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.