The English High Court has held that a geotechnical event ("GE") at a mine in Brazil did not engage the material adverse effect ("MAE") clause in an SPA, pursuant to which two mines in Brazil were being sold for $1.2...more
Summary -
In King Crude Carriers SA & Ors v Ridgebury November LLC & Ors, handed down last month, the English Court of Appeal considered the principle in Mackay v Dick & Stevenson....more
In the UK Supreme Court's judgment in RTI Ltd v MUR Shipping BV [2024] UKSC 18, which was handed down last week, it considered what obligations the words “reasonable endeavours” placed on a party, in the context of a force...more
5/21/2024
/ Arbitration ,
Business Disputes ,
Business Litigation ,
Contract Disputes ,
Contract Terms ,
Force Majeure Clause ,
Goods or Services ,
Performance Standards ,
Shipping ,
UK ,
UK Supreme Court