Mitsui and Co Ltd and Others v Beteiligungsgesellschaft Lpg Tankerflotte Mbh and Co Kg and Another: QBD 2015
The sip had been taken by pirates. The parties disputed the burden of expenses while negotiations took place for its release. Held: the hypothetical other expense must be one which would have been reasonably incurred in a sense ‘interpreted and applied with a sufficient degree of latitude to give rule F practical effect’. The deputy … Continue reading Mitsui and Co Ltd and Others v Beteiligungsgesellschaft Lpg Tankerflotte Mbh and Co Kg and Another: QBD 2015