The High Court in “XING ZHI HAI” assesses the undisclosed principal doctrine in the context of letters of indemnity – 33 Bedford Row
‘Yangtze Navigation (Asia) Co Ltd & another v. TPT Shipping Ltd & others (The “Xing Zhi Hai”) [2024] EWHC 2371 (Comm). The judgment of Christopher Hancock KC, handed down on 18 September 2024, concerns three letters of indemnity (“LOIs”) provided in the absence of bills of lading, whose alleged lawful holders subsequently made mis-delivery claims against Owners.’
33 Bedford Row, 10th October 2024
Source: www.33bedfordrow.co.uk