Cyber fraud and the hacking of email accounts is an increasingly common occurrence nowadays. The shipping and international trade industries, where large sums of money
Provisions in charterparties for tendering of NOR, commencement of laytime and cancellation of charterparties are all well known and often negotiated provisions. Very often, parties
Force majeure clauses are often found in agreements for sale of commodities and in charterparties. Very often, it is a long paragraph containing a very long sentence that is laborious to read. A force majeure clause, if applicable, would allow one party to the contract to avoid liability for non-performance on the occurrence of a force majeure event. What happens if that party seeking to rely on the force majeure clause had no intention to perform at all in the first place?
In this inaugural edition of our Notes from the Bar, we take a look at a recent Singapore High Court decision of BNA v. BNB