Simple English definitions for legal terms
Read a random definition: material issue
Term: SOBRESTADIA
Definition: Sobrestadia is a legal term used in Spanish law to refer to a delay in a voyage or delivery of cargo caused by the charterer or consignee. This delay makes the charterer or consignee liable for demurrage, which is the time for which they must pay because of the delay in performing the contract. In simpler terms, sobrestadia means paying extra money for causing a delay in a shipment or delivery.
Definition: Sobrestadia is a legal term used in Spanish law to refer to a delay in a voyage or delivery of cargo caused by the charterer or consignee. This delay makes the charterer or consignee liable for demurrage, which is the fee charged for the extra time the cargo spends in the port or on the vessel.
Example: If a company charters a vessel to transport goods from one port to another and the vessel is delayed due to the company's fault, the company will be responsible for paying demurrage for the extra time the cargo spends on the vessel or in the port. This extra time is called sobrestadia.
Explanation: The example illustrates how sobrestadia is a consequence of a delay caused by the charterer or consignee. In this case, the delay results in extra time that the cargo spends on the vessel or in the port, which leads to additional costs in the form of demurrage. Sobrestadia is a legal term that helps to define the responsibility of the parties involved in a shipping contract and ensures that the costs of delays are properly allocated.