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Dispute Resolution Clause 2017

17 October 2016

This is the 2017 edition of the Dispute Resolution Clause. The clause has been developed to re-introduce of the LMAA Intermediate Claims Procedure.

Linos Choo

18 April 2024

Linos Choo focuses on general commercial litigation and arbitration with particular emphasis on shipping, commodities, and international trade finance. He has concluded many successful arbitrations under the auspices of the ICC, UNCITRAL, LCIA, LMAA, FOSFA, GAFTA, CIETAC, and SCMA amongst others. Linos' experience includes complex charterparty, bills of lading, ship sale and purchase, shipbuilding, ship finance, marine insurance, international sale of goods, and maritime cross-border insolvency litigation and arbitration. Linos also has experience in the areas offshore floating production and storage, logistics, ports, and infrastructure. In the sphere of international trade, Linos frequently advises banks involved in the finance of international trade on complex issues concerning payment obligations and bank-to-bank reimbursements under letters of credit, demand guarantees, performance bonds, standby credits, and forfeiting. Linos is also regularly instructed in the fields of commodities, banking and financial services litigation and regulation, civil fraud, asset tracing, and professional negligence.

VOLCOA Japanese Terms

29 August 2020

This provision will be applicable when the parties have chosen Japanese law as the governing law of VOLCOA. In such cases, the VOLCOA Japanese Terms will replace Clause 21 (Law and Arbitration) of VOLCOA and disputes should be referred to arbitration in Japan.

Mark Lakin

18 April 2024

Mark is Partner at Stephenson Harwood, Dubai. He is a skilled litigator with extensive experience in shipping, commodities, and trade finance disputes. Having trained in London and practiced there for the first five years of his career, Mark moved to Dubai in 2017 to focus on building the Firm’s shipping and commodities practice in the UAE. He continues to be heavily involved in arbitration and Court cases in England for clients based the Middle East whilst also becoming a specialist in matters before the Dubai International Financial Centre Courts and arbitrations seated in the UAE. He has acted for a wide range of clients, ranging from oil majors, state-owned oil companies, trading houses, smaller independent commodities traders, shipowners, hedge-funds, and banks.