Applicability of Late Payment of Commercial Debts (Interest) Act 1998 in London arbitration (Commercial Court) | Practical Law

Applicability of Late Payment of Commercial Debts (Interest) Act 1998 in London arbitration (Commercial Court) | Practical Law

In Martrade Shipping & Transport GmbH v United Enterprises Corp [2014] EWHC 1884 (Comm), the court considered whether the Late Payment of Commercial Debts (Interest) Act 1998 applied to a charterparty providing for English law and London arbitration.

Applicability of Late Payment of Commercial Debts (Interest) Act 1998 in London arbitration (Commercial Court)

by Practical Law Arbitration
Published on 18 Jun 2014 • England, Wales
In Martrade Shipping & Transport GmbH v United Enterprises Corp [2014] EWHC 1884 (Comm), the court considered whether the Late Payment of Commercial Debts (Interest) Act 1998 applied to a charterparty providing for English law and London arbitration.