court

Turkey: Mediation necessary for resolving commercial disputes

The UK P&I Club informed that new articles have recently been added to the Turkish Commercial Code. These articles make it compulsory for parties to refer their commercial disputes to mediation before starting proceedings in court. According to Mr. Sertac Sayhan of Sayhan Law Office, this means that cargo claims have to be taken firstly to a Mediator before being lodged at the Competent Court.

UK Club: Recent developments on Limitation Fund in Singapore and UAE

Under the Convention on Limitation of Liability for Maritime Claims 1976, shipowners may limit their liability in maritime claims by establishing a limitation fund. From 1 February 2018, Singapore’s Rules of Court have been amended to allow a person seeking relief in a limitation action to constitute a limitation fund either by making payment into Court under an order of the Court, or by producing a LOU from a P&I Club acceptable to the Court.

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