Mitigation as a Guiding Principle to Damages

In the recent decision of Sharp Corp Ltd v Viterra BV [2024] UKSC 14, the Supreme Court ruled that mitigation is just as important as the compensatory principle when calculating damages and should in fact be the guiding principle in certain situations.

When the Anchor drops too far

This article summarises a Court of Appeal verdict coming out of the 5th Circuit involving a damages award of $222 million and the defendant’s subsequent successful challenge to this substantial award.

Validity of Arbitration Agreements and Arbitrator Appointments

"Pay now, argue later"

The English High Court considers hire anti-deduction clauses

In Fastfreight Pte Ltd v Bulk Trident Shipping Ltd (The Anna Dorothea) [2023] EWHC 105 (Comm) the Commercial Court considered an appeal under section 69 of the Arbitration Act 1996 of a partial final award in which the Tribunal awarded Owners’ claim for unpaid hire under a time charter.