FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / memo-conflict-of-laws-issues.docx
memo-conflict-of-laws-issues.docx · 1044-00001

Parties

HARKNESS LLP
Logistics SA
Korinthian Maritime Holdings Ltd
Oceangate Ventures Ltd
Straits Meridian LLP
Dnepr Shipholding Inc
Hartwell Pemberton LLP
Meridian Trust Bank Ltd

Dates

—

Amounts

$120
$1.2441
$135,188,460
$22,800,000
$31,200,000

Obligations

Recoveries in Singapore (in SGD and USD), the UAE (in AED), and Cyprus (in EUR) must be converted to GBP and credited against the sterling-denominated outstanding balance
The allocation of partial recoveries as between costs, post-award interest, and the various heads of principal damages must be addressed consistently across all jurisdictions
A creditor who recovers more than is owed is exposed to the following risks: • An obligation to return excess amounts: Any over-recovery must be refunded to the debtor
As amounts are recovered in other jurisdictions, the maximum restrained sum must be reduced accordingly
A third-party debt order is directed at a specific sum held by a third party, and the amount sought must not exceed what is owed to the creditor
The creditor must give credit for all amounts received regardless of the jurisdiction of recovery