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Trading Straits provides legal and business insights at the intersection of shipping, energy and trade compliance. This podcast series is hosted by Reed Smith’s market-leading team of cross-office and cross-practice lawyers. Join us to hear key developments across the industry, including on emissions, sanctions, LNG, shipbuilding and supply chain issues.
Episodes
Tuesday Oct 11, 2022
Tuesday Oct 11, 2022
Partners Sally-Ann Underhill and Thor Maalouf discuss refund guarantees, why it matters whether you have a “true guarantee” or a “demand bond,” and attempts to delay payment by refund guarantors. They also discuss how integration of new decarbonization technologies may lead to delays during construction, how delays impact the legal framework under a shipbuilding contract, and the prevention principle.