Articles on wr.no

22/07/2024

Navigating shipyard insolvency during superyacht builds

Wikborg Rein's Linda Roxburgh discusses safeguarding superyacht owners' interests if their shipyard faces financial instability mid-build. In an article first published for SuperyachtNews, Linda, carefully navigates the best ways to safeguard a superyacht owner’s interests if the shipyard managing their project should become financially unstable mid-build.

19/12/2021

Third time’s the charm: UK Supreme Court affirms orthodox approach to liquidated damages

In July 2021, the Supreme Court handed down a long awaited judgment in Triple Point Technology v PTT, overturning the earlier Court of Appeal decision and in doing so provided clarity on the applicability of a liquidated damages clause in circumstances where the contract has been terminated prior to its completion. The judgment also provided a helpful reminder of the correct interpretation of “negligence” when included in a limitation of liability clause.