City Research Online

Renegotiating shipping contracts in turbulent economic times

Chuah, J. C. T. ORCID: 0000-0003-0634-1650 (2019). Renegotiating shipping contracts in turbulent economic times. In: Chuah, J. C. T. ORCID: 0000-0003-0634-1650 (Ed.), Research Handbook on Maritime Law and Regulation. . Cheltenham, UK: Edward Elgar. ISBN 978 1 78643 878 2

Abstract

This chapter considers the legal circumstances impacting on the feasibility of the relevant parties coming together to renegotiate their shipping contracts – notably large scale contracts such as charterparties – in times of economic hardship. The imperatives of insolvency law and shipping law are not always the same. Insolvency law is pivoted on a state imposed belief that corporate assets should be protected at times of insolvency. This work attempts to prove that shipping relationships and realities do not always render the continuation of a shipping contractual relationship worth preserving and so shows and tests the tension between insolvency law and party autonomy in that regard.

Publication Type: Book Section
Additional Information: This is a draft chapter. The final version will be available in Research Handbook on Maritime Law and Regulation edited by jason Chuah, forthcoming 2019, Edward Elgar Publishing Ltd The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.
Subjects: K Law
Departments: The City Law School > Academic Programmes
URI: http://openaccess.city.ac.uk/id/eprint/21615
[img]
Preview
Text - Accepted Version
Download (1MB) | Preview

Export

Downloads

Downloads per month over past year

View more statistics

Actions (login required)

Admin Login Admin Login