Lloyd's Shipping & Trade Law
Cross-undertaking in damages for ship arrest: an opportunity missed
The recent decision of Teare J in Natwest Markets plc v Stallion Eight Shipping Co SA (MV Alkyon) [2018] EWHC 2033 (Admlty) highlights, yet again, the fundamental injustice of English law concerning the arrest of ships. Sir Bernard Eder raises this issue again in light of this judgment.
I have spoken and written about this topic
repeatedly (some say ad nauseam) for some 30 years. Although my attempts to
change the law have (so far) failed, my views remain unchanged and my campaign
remains as vigorous as ever. I do not intend to repeat at length what I have
said before. Those interested can read the articles referred to by Teare J in para
9 of his judgment.