Saturday, 7 January 2012

FFA does not give rise to maritime claim, California federal court rules

A MONETARY dispute arising out of forward freight agreements that turned sour does not give rise to an admiralty claim under US law and does not empower a plaintiff to seize a ship under Rule B of US civil procedure, a California case has established.The appellate court for the Ninth...

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Source: http://rss.feedsportal.com/c/32392/f/452807/s/1b91335f/l/0L0Slloydslist0N0Cll0Csector0Cregulation0Carticle38810A50Bece/story01.htm

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