Notes 1 Oscar Chess v Williams [1957] 1 WLR 370. Denning LJ observed that the ordinary meaning of both words is a binding promise. He stated: ‘Everyone knows what a man means when he says “I guarantee it” or “I warrant it” or “I give you my word on it”. . . . Read more
Notes 1 This chapter provides an overview of the key aspects of guarantees in relation to offshore construction contracts. For a detailed discussion of the topic see Geraldine Andrews, Richard Millett, Law of Guarantees. (6th edn, Sweet & Maxwell 2012). 2 See Spliethoff’s Bevrachtingskantoor BV v Bank of China Limite. . . . Read more
Notes 1 Some may think that English law would be reluctant to incorporate any principles derived from French law, no matter how sensible, useful or popular these may be. 2 Tandrin Aviation Holdings Ltd v Aero Toy Store LLC [2010] EWHC 40 (Comm), [2010] 2 Lloyd’s Rep 668, at para . . . Read more
Notes 1 For example, ch 6 on changes to the work and ch 7 on defects. 2 Maredelanto Compania Naviera SA v BerbauHandel GmbH (The Mihalis Angelos) [1970] 2 Lloyd’s Rep 43, [1970] 3 All ER 125. 3 As discussed in ch 10 in relation to acceptance and delivery. 4 . . . Read more
Notes 1 The legal status of the act of delivery is the voluntary transfer of possession. 2 See ch 13 on termination and step-in rights.
Notes 1 Such agreements are often described as carry over agreements and are discussed in more detail in ch 17. 2 [2001] CLC 1552. 3 [1998] 1 Lloyd’s Rep 609, [1998] 1 A11 ER 883. 4 Misrepresentation Act 1967 s 2(2). 5 See Johnson v Agnew [1980] AC 367, where . . . Read more
Notes 1 E J MacGillivray and others, MacGillivray on Insurance Law (13th edn, Sweet & Maxwell 2015). 2 Prudential Insurance Co v IRC [1904] 2 KB 658, 663. 3 Consideration is usually represented by the payment of premium or the promise to pay a premium, although it is possible for . . . Read more
Notes 1 This list is not intended to be exhaustive. Other risks that are typically allocated include taxation, levies, charges and contributions; these are beyond the scope of this book. 2 Logic Construction: Standard Contracts for the UK Offshore Oil and Gas Industry (2nd edn, October 2003). 3 ibid. 4 . . . Read more
Notes 1 See http://yosemite.epa.gov/opa/admpress.nsf/9cee789b9acd641685257720005951b7/ea4c5daf4e864d6985257ae80062d9ab!OpenDocument (last accessed 5 February 2016). 2 See http://www.halliburton.com/public/news/pubsdata/press_release/2014/corpnews_090214.html (last accessed 5 February 2016). 3 See http://www.bp.com/en/global/corporate/press/press-releases/bp-to-settle-federal-state-local-deepwater-horizon-claims.html (last accessed 5 February 2016). 4 [1980] AC 827 at 851, [1980] 1 Lloyd’s Rep 545 at 554. 5 [2010] EWCA Civ 691, [2011] 1 All ER (Comm) 1077. 6 . . . Read more
Notes 1 The Contractor may not wish to part with possession until its claim for price adjustments are satisfied and the Company has waived any claim for payment of liquidated damages, whereas the Company may wish to terminate and take over possession if the work is not completed to its . . . Read more