Excluding ‘consequential loss’ in Offshore Contracts
14th April 2017
Andrew Iyer discusses the effective and non-effective exclusion of 'consequential loss' and 'loss of profits' under English law as applied in the BIMCO offshore contracts, including Supplytime '89 and '05, and Heavycon 2007, and explains how to ensure that these risks are actually excluded, and why mistakes in this area are commonly made when using these agreements.
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From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitorWinner of the International Law Office 'Client Choice Award for Energy & Natural Resources UK'
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From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitor
