LMAA Arbitration success for IY LEGAL and its Shipowner client
10th December 2018
IY LEGAL has recently won a LMAA arbitration for a Shipowner and recovered significant damages, interest and costs. The case involved the wrongful cancellation of a voyage charterparty by a Charterer, very shortly after the fixture was concluded. The case also included a claim for knock-on freight losses from a subsequent voyage under the MTM Hong Kong principles.
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