Boskalis loses test case on BIMCO charterparty invoicing period
Failure to challenge an invoice within the three-week time period specified by the recently-introduced BIMCO Supplytime 2017 standard charterparty leaves a charterer with no grounds to dispute payment, the Commercial Court has ruled this week
‘While this issue always seemed clear to me, the court has once again confirmed that parties should be held to the terms of their bargain when they chose to adopt a standard form such as this,’ says Stephenson Harwood partner Tony Concagh
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