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Not just a question of timing – Supreme Court rules on the assessment of damages for premature cancellation

Published on 14 Jul 2015.

The Supreme Court has held that a party could only recover nominal damages for premature cancellation (repudiation) of a sales contract on GAFTA Form 49[1].

Pushing the (tonnage) limits

Published on 17 Jun 2015.

This update highlights two recent changes in tonnage limits – one international, the other in Hong Kong.

Charterparty arbitration clauses: too much of a good thing?

Published on 29 Apr 2015.

It is a fact of commercial life that, at least with the benefit of hindsight, contracts are not always drafted clearly.

Enforcing jurisdiction agreements in the EU – Brussels casts out "abusive litigation tactics"

Published on 22 Apr 2015.

Disputes over jurisdiction (i.e. where a claim is heard and determined) are commonplace in shipping and international trade.

New Compulsory Marine Liability Insurance Gives Shipowners and their Insurers the Blues

Published on 02 Apr 2015. By Iain Anderson, Partner

The Nairobi International Convention on the Removal of Wrecks 2007 comes into force later this month (18 April 2015 and 17 May 2015 for Malta and Tuvalu respectively, but 14 April 2015 for all other contracting states, including the UK).

Hong Kong expected to introduce mandatory low-sulphur fuel regulations

Published on 12 Mar 2015.

Many vessels currently calling to Hong Kong voluntarily burn low-sulphur fuel, in return for financial incentives under a scheme introduced by the Government in 2012.

An uncharacteristic appeal: Ocean Victory decision reversed

Published on 24 Feb 2015.

Charterers (and their insurers) concerned by the first instance decision in The "Ocean Victory" may rest a little easier following the successful appeal which saw Daiichi Chuo overturn a judgment of over US$130 million against them.

Cocaine Haul Leads to Limitations on War Risk Exclusion

Published on 23 Dec 2014.

It is a sad fact that drug traffickers like to use ocean-going vessels to help them move their product.

Singapore High Court allows extension of time in collision case despite multiple opportunities to arrest.

Published on 15 Dec 2014.

Following a collision between ORINOCO STAR and MELODY in Nigerian waters on 20 June 2011 and subsequent unsuccessful settlement negotiations between the parties, owners of the vessel MELODY issued a writ and proceeded to arrest ORINOCO STAR on 6 December 2013.

OW Bunker update – Hong Kong company applies for winding-up

Published on 24 Nov 2014.

Hong Kong Court records available publicly today show that a Petition was presented last Friday to wind up O.W. Bunker China Ltd (a Hong Kong company).

Bunker disputes – Bankruptcy of OW Bunker A/S and associated companies

Published on 19 Nov 2014.

We are receiving numerous enquiries regarding the fallout from the bankruptcy of OW Bunker A/S and certain associated companies.

Container weight fraud

Published on 14 Nov 2014.

Container weights is a hot topic at the moment, with the IMO set to introduce new requirements for the verification of container gross mass.

Court rejects "capital" punishment

Published on 07 Nov 2014.

Appeal considers relevance of ship sale following early redelivery

AIS assisted collisions

Published on 06 Nov 2014.

The term "VHF assisted collision" is not new.

New Safety and Health Guidelines to Protect Seafarers

Published on 06 Nov 2014.

The International Labour Organisation has agreed guidelines to assist governments in implementing occupational safety and health provisions previously set down in the Maritime Labour Convention 2006.

Hong Kong's top court confirms loss of cover

Published on 03 Nov 2014.

The importance of complying with insurance warranties

The Times recognises RPC among Best Law Firms 2024

Published on 30 Oct 2023.

International law firm, RPC, has been recognised by The Times in its Best Law Firms 2024 report, an annual ranking of the top 250 law firms in England and Wales.

A matter of interpretation – the Supreme Court look at contractual interpretation once more

Published on 24 Feb 2023. By Poppy Hay, Senior Associate and Laura Stocks, Partner

In their recent Judgment in Sara & Hossein Asset Holdings Ltd (a company incorporated in the British Virgin Islands) v Blacks Outdoor Retails Ltd [2023] UKSC 2 the Supreme Court adopted a commercially balanced interpretation of a lease; rejecting the overly textual approach of the Court of Appeal in favour of reading the relevant clause in the context of the lease as a whole.

Money Covered: The Week That Was - 18 July 2025

Published on 18 Jul 2025. By Rachael Healey, Partner and David Allinson, Partner and George Smith, Partner and Kirstie Pike, Partner and Kate Hill, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Non-bank firms, their directors and insurers: mind the (non-financial misconduct) gap!

Published on 17 Jul 2025. By Mike Newham, Partner and Lauren Paterson, Associate and Catherine Zakarias-Welch, Knowledge Lawyer

Earlier this month the FCA published its final policy statement and consultation paper CP25/18 introducing a new rule, COCON 1.1.7R, extending existing rules on non-financial misconduct (NFM) from banks (only) to non-banking firms. The FCA has also made clear that firms will be required to report serious substantiated NFM to the FCA and include the same in regulatory references to prevent "rolling bad apples" within the industry.

Insurance Covered: Why does everyone ignore insurance? (Even though it's the answer for everything) (With Lorcan Hall)

Published on 15 Jul 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance.

Money Covered: The Week That Was - 11 July 2025

Published on 11 Jul 2025. By Rachael Healey, Partner and David Allinson, Partner and George Smith, Partner and Kirstie Pike, Partner and Kate Hill, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

AI-dentifying risks: ensuring trust: the new RICS standard

Published on 09 Jul 2025. By Katharine Cusack, Partner and Catherine Zakarias-Welch, Knowledge Lawyer and Emma Wherry, Of Counsel

On 4 March 2025, the RICS ran a public consultation on its new professional standard, "Responsible use of AI 1st Edition" which ran until 29 April 2025. Members were asked to participate in order to help frame the way in which the RICS incorporates the use of AI in the industry.

Supreme Court resolves key construction and professional negligence issues in URS Corp Ltd v BDW Trading Ltd

Published on 09 Jul 2025. By Aimee Talbot, Knowledge Lawyer and Ben Goodier, Partner and Alexandra Anderson, Partner

The Supreme Court handed down its keenly awaited judgment in URS Corp Ltd v BDW Trading Ltd [2025] UKSC 21 on 21 May 2025. The dispute concerns whether a developer (BDW Trading Ltd) can recover the cost of remedying allegedly dangerous defects in two residential developments from the structural engineers (URS Corporation Ltd) responsible for their design. Our specialist construction insurance team consider the key points for insurers, brokers and professional consultants.

ML Covered - July 2025

Published on 07 Jul 2025. By Rachael Healey, Partner and Matthew Watson, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

We are pleased to share our latest instalment of ML Covered, our monthly round-up of key events relevant to those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

Money Covered: The Week That Was - 4 July 2025

Published on 04 Jul 2025. By Rachael Healey, Partner and David Allinson, Partner and George Smith, Partner and Kirstie Pike, Partner and Kate Hill, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Beyond the 'threshold'? A narrowing view of work equipment

Published on 27 Jun 2025. By Thom Lumley, Partner and Catherine Zakarias-Welch, Knowledge Lawyer

We take a look at the case of George Morriss v London Borough of Hillingdon [2025] EWHC - In another significant ruling on liability for injuries sustained on public highways, the court reinforces the considerable evidentiary responsibility resting with claimants.

Insurance Bulletin - Hong Kong Summer 2025

Published on 24 Jun 2025. By Andrew Carpenter, Partner and Beverly Yee, Senior Associate and Heidi Ng, Associate

A look at insuring today's diversity (With Heidi McCormack)

Published on 17 Jun 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode, Peter Mansfield is joined by Heidi McCormack, CEO at Emerald Life, to discuss the importance of diversity and inclusion in the insurance industry.

ML Covered - June 2025

Published on 06 Jun 2025. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

We are pleased to share our latest instalment of ML Covered, our monthly round-up of key events relevant to those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

Surveying the risks: RICS proposed updates tackling financial crime

Published on 02 Jun 2025. By Ben Goodier, Partner and Emma Wherry, Of Counsel and Catherine Zakarias-Welch, Knowledge Lawyer

Financial crime is on the rise. In response to the new technologies criminals are using, such as AI and cryptocurrency, RICS launched a consultation calling on members, regulated firms and key stakeholders to respond to its consultation on proposed changes to "The Financial Crime Standard" (The RICS Countering Financial Crime: Bribery, Corruption, Money Laundering, Terrorist Financing, and Sanctions Violation Professional Standard).

Money Covered: The Week That Was – 30 May 2025

Published on 30 May 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Warranty and Indemnity Insurance Q&A – Current Trends and What to Look Out For

Published on 29 May 2025. By Andrew Carpenter, Partner and Heidi Ng, Associate

The Asia Warranty and Indemnity (W&I) insurance market is expanding rapidly to meet demand as businesses and market participants become increasingly aware of the benefits that transactional insurance can offer. The dynamics in this space are everchanging – the incorporation of W&I in deals, insurers' expectations on the level of due diligence, terms of policies and level of coverage provided are all adapting to demand. This article highlights some recent trends we have encountered and factors to look out for in order to seize opportunities in current market conditions.

Lliuya v RWE AG - Expanding climate impact litigation

Published on 29 May 2025. By Lucy Dyson , Partner and Marcela Calife Marotti, Senior Associate

The German court has today (28 May 2025) dismissed the long-running climate impact litigation case of Lliuya v RWE , heard before the Higher Regional Court of Hamm, Germany, between 17 and 19 March 2025.

Money Covered: The Week That Was – 23 May 2025

Published on 23 May 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

A look at Takaful insurance (With Wajahat Khawaja)

Published on 20 May 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Wajahat Khawaja and the topic of discussion is Takaful, an Islamic form of insurance.

Money Covered: The Week That Was – 16 May 2025

Published on 16 May 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Council liability in cases of personal injury suffered on public highways

Published on 14 May 2025. By Thom Lumley, Partner and Catherine Zakarias-Welch, Knowledge Lawyer

We take a look at the case of George Morriss v London Borough of Hillingdon [2025] EWHC - In another significant ruling on liability for injuries sustained on public highways, the court reinforces the considerable evidentiary responsibility resting with claimants.

Money Covered: The Week That Was – 9 May 2025

Published on 09 May 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

ML Covered - May 2025

Published on 02 May 2025. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

We are pleased to share our latest instalment of ML Covered, our monthly round-up of key events relevant to those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

Money Covered: The Week That Was – 25 April 2025

Published on 25 Apr 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Money Covered: The Week That Was – 17 April 2025

Published on 22 Apr 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Insurance Covered: A look at D&O insurance (With Natalie Graham)

Published on 16 Apr 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance.

Money Covered: The Week That Was – 11 April 2025

Published on 11 Apr 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

ML Covered - April 2025

Published on 04 Apr 2025. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

We are pleased to share our latest instalment of ML Covered, our monthly round-up of key events relevant to those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

Money Covered: The Week That Was – 4 April 2025

Published on 04 Apr 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Insurance Covered: Navigating the world of insurance finance (With Stephen Brookson)

Published on 31 Mar 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance.

Money Covered: The Week That Was – 28 March 2025

Published on 28 Mar 2025. By Rachael Healey, Partner and Robert Morris, Partner and David Allinson, Partner and George Smith, Partner and Matthew Watson, Partner

Welcome to The Week That Was, a round-up of key events in the financial services sector over the last seven days.

Insurance Covered: A look at reinsurance (With Ben Rose)

Published on 17 Mar 2025.

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Ben Rose, Co Founder of Supercede.

ML Covered - March 2025

Published on 07 Mar 2025. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

As we welcome the New Year, we are pleased to share our latest version of ML Covered, our monthly round-up of key events relevant to those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.