The Supreme Court declared in Federal Phoenix Assurance Co. Ltd. v. Fortune Sea Carrier, Inc. (G.R. No. 188118, 23 November 2015) that the nature of a charter party is determined by the intention of the parties and not its nomeclature. In the…
The Supreme Court’s decision in Designer Baskets, Inc. v. Air Sea Transport, Inc. and Asia Cargo Container Lines (G.R. No. 184513, March 9, 2016) concerned a situation wherein the unpaid seller sued not only the buyer but also the carrier and its…
INTERNATIONAL TRADE is in no way a new trend in our every globalizing world. From ancient civilizations to the present, trade has dominated many aspects of our economic landscape, with it being achieved through a variety of mediums, a specific one being…
