Commercial Court
Case Nos: CL-2023-000206 and CL-2023-000207 - [2025] EWHC 1591 (Comm)
Fecha: 26-Jun-2025
Quantum of claim on Guarantees
Quantum of claim on Guarantees
The Owners are entitled to the maximum guaranteed sums under each of the Ben Nevis Guarantee (US$ 7,500,000), and the Kailash Guarantee (US$ 6 million).
The Guarantees each provide for interest to accrue at the same rate as provided for in the Charterparties, and the Owners are entitled to this.
- Heading
- The issues and the parties’ arguments 8 The Alleged General Agreement 9
- Overall Conclusions 32
- The Charterparties
- The Guarantees
- The General Assignments
- Charterers’ Default
- The issues and the parties’ arguments
- The Alleged General Agreement
- Contract formation
- Waiver
- Estoppel
- The facts relevant to the alleged General Agreement
- Section 19
- Section 20
- Section 21
- Section 22
- Section 23
- Section 24
- Section 25
- Owners
- Charterers
- Conclusions as to the General Agreement
- Waiver
- Estoppel
- Other Liability Issues under the Charterparties
- Quantum of Claims under the Charterparties
- The Claim on the Guarantees
- The Parties’ contentions
- Conclusions as to liability issues on Guarantees
- Quantum of claim on Guarantees
- Conclusions