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England and Wales decisions
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The High Court held that Tonzip was not entitled to refuse loading a cargo on sanctions grounds, so its damages claim failed. 2Rivers succeeded on its counterclaim.
M/V Pacific Pearl Co. Ltd v Osios David Shipping Inc. [2021] EWHC 2808 (Comm) (21 October 2021)
Commercial Court judgment on whether an LOU with a sanctions clause was reasonably satisfactory under a collision jurisdiction agreement, and whether it had to be accepted.
Summary judgment was granted for BSJI in two debt claims against PDVSA. The court rejected sanctions-based suspension, Ralli Bros, Rome I, and penalty arguments.
Mamancochet Mining Ltd v Aegis Managing Agency Ltd & Ors [2018] EWHC 2643 (Comm) (12 October 2018)
Commercial Court decision on a marine insurance sanctions clause, holding that payment of the claim before 4 November 2018 would not expose the insurers to sanctions.
Commercial Court held a marine insurance sanctions clause suspended, but did not extinguish, liability. Payment before 4 November 2018 was not barred by US or EU sanctions.
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