Letters of indemnity: What the books do not tell you, the standard forms do not cover and the steps you can and should take to protect yourself
Reed Smith LLP and Zug Commodity Association will be running a seminar on letters of indemnity.
This 2-hour seminar will focus on the standard form “delivery” indemnity wordings recommended by the International Group of P&I Clubs along with commonly used “payment” indemnity wordings.
It will first identify what are considered to be a number of issues with the standard forms that can arise in the context of common everyday scenarios. It will then offer guidance on the steps that traders, charterers and financing banks can take to prevent these issues and uncertain, timing consuming and disputes airing.
13.00 – Sandwich Lunch and Networking
14.00 – Seminar
14.45 – Coffee Break
15.00 – Seminar
16.15 – Networking Drink at Apart Hotel