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24 June 2014

Late Payment of Commercial Debts Act 1998, is interest payable on an arbitration award?

The case of Martrade Shipping v United Enterprises was an appeal to the High Court from an arbitration of various charterparty disputes. The charterparty contained a choice of English law and arbitration in London.

23 May 2014

ORR scrutiny of Network Rail performance

Taxpayers and rail users will soon be able to monitor Network Rail's progress against its regulated outputs and scrutinise the delivery of its multi-billion pound five-year plan for a better railway.

02 May 2014

Burges Salmon appoints new partner in Banking and Finance

Burges Salmon is pleased to announce that it has promoted Rachael Ruane, from the firm’s Banking and Finance team, to partner. The promotion, effective from 1 May 2014, reflects the firm’s continued growth in the Banking and Finance sector.

17 April 2014

Partnering and good faith – what does this mean?

When parties have entered into a detailed contractual arrangement, the court is reluctant to interpret the written terms in a way which might “distort” the bargain they have made. If parties want an obligation of good faith to exist, they need to specifically include one – relying on the label of “partnering” is not enough.

31 March 2014

New role for the European Railway Agency: rolling stock certification and authorisation

On 14 March 2014, the EU Council of Transport Ministers agreed that the European Railway Agency would act as a 'one-stop shop' for safety certification and vehicle authorisation.