Posts made in oktober 7th, 2021

Shipping Line Agreement

To promote this objective, the General Maritime Transport Organization of the United Arab Republic and the Ministry of Transport of the Government of India shall be designated by the competent authorities of the respective Governments to organize such regular services. Article VII The maritime organisations of each Contracting Party shall manage the use of their ship independently and shall be responsible both for the financial...

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Settlement Agreement And Release Of All Claims

It is also important to specify in the settlement agreement whether the release of mutual claims takes place. For example, if only one party has asserted claims in pending cases, you might want the settlement agreement to disclose not only the rights invoked in the dispute, but also any claims the defendant might have in connection with the same underlying events. The parties to a settlement agreement often agree to bear their own...

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