Debt Securities in the Recovery of Claims Based on Documents and Contracts A creditor, in seeking to recover a claim, is exposed to the risk that the debtor may fail to make payment or may become insolvent. In...
The Concept of a Shipping Order and an Overview of Its Main Stages Today, more than 80 percent of goods transportation is carried out by sea. Maritime transport encompasses a wide range of concepts and practical considerations, and...
International Treaties Under the customary definition, a treaty is an agreement concluded between two or more subjects of international law, intended to create legal effects, and governed by international law. Pursuant to Article 2, paragraph 1, of the...
Legal Issues Faced by Startups Startups are projects in which a group’s collective effort transforms a preliminary idea into a product and prepares it for market entry. In practice, startups progress through all stages of development by relying...
Liabilities Arising from Maritime Collisions Following the occurrence of a maritime collision between two vessels, the competent maritime court may be confronted with one of the following situations and issue decisions accordingly: One of the two vessels is...
