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Full-Text Articles in Transnational Law
Proximate Cause In Maritime Insurance, Angelo Giampietro Avv.
Proximate Cause In Maritime Insurance, Angelo Giampietro Avv.
Angelo Giampietro Avv.
The proximate cause in marine insurance is the “dominant cause” of the loss. It was decided per Bingham L J in T M Noten BV v Harding that the dominant cause of the loss is to be determined by “applying the common sense of a business or seafaring man.” In determining the proximate cause of the loss, The Court recognized that it had to find the cause that was proximate in efficiency, and to do so they had to apply the test of the sentence expressed by Bingham LJ. Nevertheless, at the light of the recent decision of the Supreme …
Credit Arrangements, Angelo Giampietro Avv.
Credit Arrangements, Angelo Giampietro Avv.
Angelo Giampietro Avv.
International trade transactions can be regulated for their payment in various ways: by means of letters of credit or by cash and kind. Therefore, credit arrangements are a common and protection against risk solution. One of the most important challenges for traders involved in a transaction is to secure financing so that the transaction may actually take place. The faster and easier is the process of financing an international transaction, the more trade will be facilitated. The method of payment is crucial for the decision about the opportunity of the trading. Therefore, the arrangements for credit in international trade, play …