Bernhard Schulte Shipmanagement (Bermuda) Ltd v BP Shipping Ltd – QBD (Com Ct) (Blair J – 29 January 2009

Contract – Crew management agreement – Original agreement providing for shipowners to pay compensation to managers in event of termination – Agreement subsequently amended by side letter – Construction of side letter – Whether managers entitled to half of annual management fee or only to half of monthly payment in respect of such fee

(2009) 763 LMLN 1