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Top dollar? The impact of sanctions.

In the case of MUR Shipping BV v RTI Ltd [2022] EWHC 467 a proposed change from the currency of dollars was sufficient to trigger a force majeure outcome. The US sanctions regime applies to prevent payment. The arbitral award that a party was not obliged to accept non-contractual performance to circumvent the effect of the sanctions, was upheld on appeal.



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Waste not want not! Wasted expenditure is recoverable.

In CIS General INsurance v IBM [2022] EWCA Civ 440, the Court of Appeal has allowed a claim for wasted expenditure enabling damages up to the level of the contractual cap of just over £80 million. If

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