Maritime Letters of Indemnity

By: Felipe Arizon, David Semark

Write A Review

eText | 23 May 2014 | Edition Number 1

At a Glance

ePUB
232 Pages

eText

$976.80

or 4 interest-free payments of $244.20 with

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

This unique new title provides expert, hands-on advice as to the law and practice of the maritime letter of indemnity. Detailing the variety of implications that can arise from each type of letter, the authors bring this important and litigious subject to the fore with a view to reducing the commercial and legal risks involved in this core area of shipping and international trade.

Key features of this title include detailed legal analysis of:

The history of indemnity contracts and letters of indemnity

Shipping and international trade contexts where letters of indemnity are used

GAFTA sale contract forms and standard letter of indemnity P&I Clubs forms

The enforceability of maritime letters of indemnity

The rights and liabilities for sellers, buyers, banks and ship owners which arise from the use of letters of indemnity

The impact on the system based on the use of bills of lading and on electronic bills of lading

Policy issues arising from the use of letters of indemnity in practice and of the practicalities of litigation involving letters of indemnity.

As the only text currently on the market covering maritime letters of indemnity in such detail, this book will be an indispensable guide for maritime lawyers, professionals and academics alike, as well as shipowners, charterers, commodity traders and trade finance professionals