15:40
Makes sense tho
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Simple English definitions for legal terms
York–Antwerp rules
Read a random definition: Merrill doctrine
A quick definition of York–Antwerp rules:
The York-Antwerp Rules are a set of guidelines that help settle disputes and losses that happen in maritime transportation. They are not laws, but they are included in almost all bills of lading. The Comité Maritime International (CMI) maintains and updates these rules.
A more thorough explanation:
The York-Antwerp Rules are a set of guidelines used in maritime law to settle disputes and losses related to bills of lading. These rules are not legally binding, but they are commonly incorporated into bills of lading.
The Comité Maritime International (CMI) is responsible for maintaining and updating the York-Antwerp Rules.
Suppose a cargo ship carrying goods from China to the United States encounters a storm and some of the cargo is damaged. The York-Antwerp Rules would be used to determine who is responsible for the damage and how much compensation should be paid.
Another example could be a dispute between a shipowner and a charterer over the payment of freight charges. The York-Antwerp Rules would be used to resolve the dispute and determine the appropriate amount of payment.
These examples illustrate how the York-Antwerp Rules are used to settle disputes and losses related to maritime transportation.