The Court of Appeal has handed down its decision in an important judgment in MUR Shipping BV v RTI Ltd relating to sanctions and payments which are in breach of sanctions. Can a party seeking to rely on a force majeure event reject an offer of alternative performance which departs from the contractually agreed method? Summary by David Owens, Director, CJC Keeley Edmondson, Associate at CJC.
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David Owens Keeley Edmonson