Hui Tsing Tan
Asia-Pacific Guide 2024
Band 4 : Shipping: Domestic: Litigation
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Singapore Perspective on Using a Letter of Undertaking to Establish a Limitation Fund
Singapore Courts recently permitted the use of P&I Club's LOU to constitute tonnage limitation funds as an alternative to payment of cash into court. This article discusses some practical consequences arising from this new practice. This article first appeared in The SAL-Practitioner on 6 Sept 2018.
Singapore Perspective on Using a Letter of Undertaking to Establish a Limitation Fund
Singapore Courts recently permitted the use of P&I Club's LOU to constitute tonnage limitation funds as an alternative to payment of cash into court. This article discusses some practical consequences arising from this new practice. This article first appeared in The SAL-Practitioner on 6 Sept 2018.