TT Talk Edition 40 - 01/01/2004

Top tips from the TT Club on how to identify common types of procurement fraud in the global supply chain

This judgment sets out a useful analysis of contracts where a court will examine the conduct of the parties and surrounding circumstances to reach a conclusion. Carriers should be alerted to the importance of knowing who they are dealing with, ensuring that the shipper on a bill of lading is correctly identified.

A bill of lading may not be lost or unavailable, but still the issuer faced with a request to provide new, revised documents. It’s another warning!

In this article we look at a case study highlighting the ancient English Law principles of General Average