The Court of Appeal has overturned the decision of the High Court in M/V Pacific Pearl Co Limited v Osios David Shipping in favour of the Appellants, who had offered security in the form of a Club LOU which was rejected by the Respondents because of the inclusion of a sanctions clause. Review by Keeley Edmondson, Associate at CJC.

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Keeley Edmonson                                           
Associate                                 
Keeley@cjclaw.com