Now Available: Maritime Letters of Indemnity

Authors: Dr Felipe Arizon, Spanish lawyer and academic. David Semark, Barrister with Quadrant Chambers.

Part of: Lloyd’s Shipping Law Library, Pub Date: February 28 2014, Number of Pages: 208
ISBN number: 978-1-84311-952-4, Price: £295, $463

This unique new title provides expert, hands-on advice as to the law and practice of the maritime letter of indemnity. Detailing the variety of implications that can arise from each type of letter, the authors bring this important and litigious subject to the fore with a view to reducing the commercial and legal risks involved in this core area of shipping and international trade.

"Problems and disputes regarding maritime letters of indemnity are frequently encountered in practice, and have  increasingly come before Courts and Arbitral Tribunals...Although some P&I Clubs have given useful practical guidance to their members...This work is an attempt to fill the gap."

Felipe Arizon and David Semark

Key features of this title include detailed legal analysis of:

  • The history of indemnity contracts and letters of indemnity
  • Shipping and international trade contexts where letters of indemnity are used
  • GAFTA sale contract forms and standard letter of indemnity P&I Clubs forms
  • The enforceability of maritime letters of indemnity
  • The rights and liabilities for sellers, buyers, banks and ship owners which arise from the use of letters of indemnity
  • The impact on the system based on the use of bills of lading and on electronic bills of lading
  • Policy issues arising from the use of letters of indemnity in practice and of the practicalities of litigation involving letters of indemnity.

As the only text currently on the market covering maritime letters of indemnity in such detail, this book will be an indispensable guide for maritime lawyers, professionals and academics alike, as well as shipowners, charterers, commodity traders and trade finance professionals

Dr Felipe Arizon is a Spanish lawyer and academic. He is the managing partner of Arizon Abogados S.L.P. and the head of the firm's shipping and trade team.

David Semark is a Barrister with Quadrant Chambers, and prior to this he was a Partner with Reed Smith LLP. He specialises in commercial law with a particular emphasis on shipping and maritime law.

Find out more

Contact me for your gratis review copy,

Jessica D'Souza
Associate Marketing Manager
Informa Law from Routledge
Jessica.dsouza@informa.com
Direct Dial: 44 (0)207 017 4901

Routledge Books, part of the Taylor and Francis Group (Informa)

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Problems and disputes regarding maritime letters of indemnity are frequently encountered in practice, and have increasingly come before Courts and Arbitral Tribunals...Although some P&I Clubs have given useful practical guidance to their members...This work is an attempt to fill the gap.
Felipe Arizon and David Semark