Jeff Morgan has joined Jackson Parton as a Consultant
/Jeff Morgan, a senior maritime lawyer specialiSing in complex asset finance transactions, has joined Jackson Parton as a Consultant.
Jeff Morgan, a senior maritime lawyer specialiSing in complex asset finance transactions, has joined Jackson Parton as a Consultant.
The Admiralty and Commercial Courts Guide has been amended to include the following direction for cases issued or transferred on or after 1 April 2014:
“Within 7 days of issuing a Claim Form or when a case has been transferred into the Commercial Court, the receiving of the new claim number, the claimant(s) should complete an electronic Claim Information Form (“CIF”) and file the same electronically to the following email address comct.infosheet@hmcts.gsi.gov.uk.” (Section B 4.1 b)
The Admiralty and Commercial Court has advised that the purpose of this form is to collect statistics concerning the work done so as to help promote the efficient conduct of business in the Commercial Court.
On 25 February 2014, the Court of Appeal gave permission to Daiichi Chuo Kishen Kaisha to appeal the decision of Teare J in the “Ocean Victory”. The permission has been granted solely in respect of the issues of ‘abnormal occurrence’ and ‘whether any unsafety of the port did not cause the loss’
Related: Case Summary of the High Court’s decision in the “Ocean Victory”
Nick Parton would like to clear up a misunderstanding circulating about the Court of Appeal judgment in this case.
It is being said that the Court of Appeal specifically held that a P & I Club guarantee is the only alternative now allowed to a payment of cash into court in order to set up a limitation fund. The relevant paragraph of Dame Elizabeth Gloster’s judgment actually said:
51. “For the above reasons, I would allow this appeal and declare that, as a matter of law, Owners are entitled to constitute a limitation fund under the 1976 Convention, by means of the production of a guarantee. As agreed prior to the hearing by all relevant parties, if and so far as is necessary, detailed consideration of the adequacy of the LOU offered by The Standard Club Europe Limited, will be dealt with by the Admiralty Court.”
The position therefore is that a guarantee issued by entities other than a P & I Club could also potentially be used to set up a limitation fund in England.
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