What is in this Bulletin?

• MUR Shipping BV v RTI Ltd [2024] UKSC 18
  • Force majeure clause.
  • Duty to overcome force majeure event.
  • US OFAC sanction and ensuing inability to pay
  • in US dollars.
  • Offer to pay the equivalent sum plus conversion
  • charges in a different currency.

• Great Lakes Reinsurance (UK) Plc v RAV Bahamas Ltd [2024] UKPC 11
  
  • Theft of vessel from marina
  • Whether operator of marina owed a duty of care
  • in tort to prevent theft
  • Whether operator under a contractual duty of care