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In yet another “consequential loss clause” case that will be of interest to the oil and gas industry, the English High Court confirmed that it would construe...
Following OPEC’s publication of its World Oil Outlook on 6 November 2014, and recent falls in oil prices to around US$80 a barrel, it is apparent that...
The European Court of Human Rights has ordered that the Russian
Federation pay record damages of €1.8 billion to all of
Yukos’ former shareholders.
The Commercial Court recently decided that
notification of an “option well” under special
conditions to a LOGIC Mobile Drilling Rig Contract likely required
In a recent case, the High Court decided that a contract containing a notice of default provision, which permitted a party to terminate for a failure to...
Last week’s Law-Now “LOGIC – remedying default to the innocent party’s satisfaction” (click here to view) related to termination for failure to remedy...
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