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TT Talk - Legal eagle: the power of choice
12/01/2021
The importance and impact of careful drafting of contracts is exemplified in this UK Supreme Court decision. While the ruling brings clarity to English law, it represents congruence with other jurisdictions. It is most prudent to be deliberate in documenting law and jurisdiction choices in contracts.
This Circular is to raise awareness of an expansion in United States sanctions, targeting the construction of the Nord Stream 2 and Turkstream 2 pipeline projects and those who provide services in connection with either project, including related insurance.
Attention to detail in contracting emphasised in this judgment, even down to terminology used and descriptions given.
A challenge to, or attempt to limit the scope of, the established “fire” defence fails.