Refund Guarantees (Lloyd's Shipping Law Library)

Davis, Mark

Published by Informa Law from Routledge
ISBN 10: 0415833671 / ISBN 13: 9780415833677
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Synopsis:

A refund guarantee is an essential component of almost every shipbuilding project, without which the buyer will be unwilling or unable to proceed.

There is no standard form of refund guarantee in universal usage, and both the form and substance of refund guarantee instruments vary widely from case to case. The ambiguity or uncertainty of the meaning of refund guarantee instruments, against a backdrop of a sharp downturn in the shipping markets, has led to numerous disputes in recent years concerning refund guarantees, which have been the subject of a number of important decisions of the English Courts.

This is the first English law text book dedicated to the subject of refund guarantees. It provides essential guidance as to the issues arising and the pitfalls to be avoided. It analyses the specimen form of guarantee annexed to Bimco?s NEWBUILDCON form, and covers topics such as the circumstances in which the liability of the guarantor may be discharged, and when a builder may be entitled to obtain an injunction to restrain payment under a refund guarantee.

It will be an essential and practical guide for those engaged in the shipbuilding industry, including shipbuilders, shipowners, banks and insurance companies, P&I clubs, and those advising them.

Product Description:

Refund guarantees forms and integral part of the shipbuilding contract and many back-to-back ship sale and purchase contracts because shipbuilding contracts invariably require the shipyard to provide a refund guarantee from the bank to secure against the event where the buyer is entitled to cancel the contract.

This book is the first to examine in detail all aspects of English law regarding Refund Guarantees, and provides essential guidance to the issues arising and pitfalls to be avoided. It also provides the reader with a suggested standard form refund guarantee, something that has thus far been missing in the industry.

It will be an essential and practical guide for postgraduate students of and practitioners in the shipping industry, from shipping lawyers, shipyards, shipowners, P&I Clubs and banks worldwide.

Mark Davis has over 20 years experience as a solicitor specialising in shipping law.

"About this title" may belong to another edition of this title.

Bibliographic Details

Title: Refund Guarantees (Lloyd's Shipping Law ...
Publisher: Informa Law from Routledge
Binding: Hardcover
Book Condition: New

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Book Description Taylor Francis Ltd, United Kingdom, 2015. Hardback. Book Condition: New. 246 x 174 mm. Language: English . Brand New Book. A refund guarantee is an essential component of almost every shipbuilding project, without which the buyer will be unwilling or unable to proceed. There is no standard form of refund guarantee in universal usage, and both the form and substance of refund guarantee instruments vary widely from case to case. The ambiguity or uncertainty of the meaning of refund guarantee instruments, against a backdrop of a sharp downturn in the shipping markets, has led to numerous disputes in recent years concerning refund guarantees, which have been the subject of a number of important decisions of the English Courts. This is the first English law text book dedicated to the subject of refund guarantees. It provides essential guidance as to the issues arising and the pitfalls to be avoided. It analyses the specimen form of guarantee annexed to Bimco s NEWBUILDCON form, and covers topics such as the circumstances in which the liability of the guarantor may be discharged, and when a builder may be entitled to obtain an injunction to restrain payment under a refund guarantee. It will be an essential and practical guide for those engaged in the shipbuilding industry, including shipbuilders, shipowners, banks and insurance companies, PI clubs, and those advising them. Bookseller Inventory # AA69780415833677

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Book Description Taylor Francis Ltd, United Kingdom, 2015. Hardback. Book Condition: New. 246 x 174 mm. Language: English . Brand New Book. A refund guarantee is an essential component of almost every shipbuilding project, without which the buyer will be unwilling or unable to proceed. There is no standard form of refund guarantee in universal usage, and both the form and substance of refund guarantee instruments vary widely from case to case. The ambiguity or uncertainty of the meaning of refund guarantee instruments, against a backdrop of a sharp downturn in the shipping markets, has led to numerous disputes in recent years concerning refund guarantees, which have been the subject of a number of important decisions of the English Courts. This is the first English law text book dedicated to the subject of refund guarantees. It provides essential guidance as to the issues arising and the pitfalls to be avoided. It analyses the specimen form of guarantee annexed to Bimco s NEWBUILDCON form, and covers topics such as the circumstances in which the liability of the guarantor may be discharged, and when a builder may be entitled to obtain an injunction to restrain payment under a refund guarantee. It will be an essential and practical guide for those engaged in the shipbuilding industry, including shipbuilders, shipowners, banks and insurance companies, PI clubs, and those advising them. Bookseller Inventory # AA69780415833677

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Book Description 2015. Hardcover. Book Condition: New. 175mm x 18mm x 249mm. Hardcover. A refund guarantee is an essential component of almost every shipbuilding project, without which the buyer will be unwilling or unable to proceed. There is no standard form of refund guara.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 223 pages. 0.567. Bookseller Inventory # 9780415833677

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Book Description 2015. Hardcover. Book Condition: New. 175mm x 18mm x 249mm. Hardcover. A refund guarantee is an essential component of almost every shipbuilding project, without which the buyer will be unwilling or unable to proceed. There is no standard form of.Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 223 pages. 0.567. Bookseller Inventory # 9780415833677

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