Red Sea Tankers Ltd v Papachristidis (Hellespont Ardent)
| Jurisdiction | England & Wales |
| Date | 1997 |
| Year | 1997 |
| Court | Queen's Bench Division |
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36 cases
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Marex Financial Ltd v Creative Finance Ltd and Another
...between the two concepts is one of degree. In reaching this conclusion I adopt the persuasive reasoning of Mance J in Red Sea Tankers Ltd & Ors v Papachristidis & Ors [1997] 2 Lloyd's Rep 547 and Andrew Smith J in Camerata Property Inc v Credit Suisse Securities (Europe) Ltd [2011] EWHC 479......
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Camarata Property Inc. v Credit Suisse Securities (Europe) Ltd
...LJ. As such, it is not easy to define or even to describe with any precision. However, as Mance J recognised in Red Sea Tankers Ltd v Papachristidis (The "Ardent"), [1997] 2 Lloyd's Rep 547, 586, "If the matter is viewed according to purely English principles of construction, … "Gross" neg......
- Winnetka Trading Corporation v Julius Baer International Ltd and another
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China North Industries Investment Management Ltd v China North Industries Investment Ltd
...following cases were referred to in the judgment: Red Sea Tankers and Others v Popachristdis and Others (The Hellesport Ardent)UNK [1997] 2 Lloyd's Rep. 547 Lockland Builders v John Kim RickwoodUNK [1995] 77 BLR 38 Claim for unpaid management fees or damages in lieu — Termination of managem......
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6 firm's commentaries
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High Court Dismisses Quincecare Duty Claim Giving Guidance On The Scope And Nature Of The Duty
...misconduct". Both sides agreed that the leading authority on what is required to prove gross negligence is The Hellespont Arden [1997] 2 Lloyd's Rep 547, in which the court summarised the standard as "'Gross' negligence is clearly intended to represent something more fundamental than failur......
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Bermuda's Private Equity Sector: Getting The Deal Through
...Bda LR 8 in which the Bermuda Supreme Court adopted the definition of gross negligence given in Red Sea Tankers v Papachristidis Ltd [1997] 2 Lloyd's Rep 547). 8 Other special issues or Are there any other special issues or requirements particular to private equity fund vehicles formed in y......
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Gross negligence revisited
...of a counterparty constitutes gross negligence faces a high bar. Footnotes 1 [2019] WASC 439. 2 Red Sea Tankers Ltd v Papachristidis [1997] 2 Lloyd's Rep 547. 3 [1997] 2 All ER 4 [2019] NSWSC 527. 5 at paragraph 306. 6 at paragraph 307. 7 at paragraph 311. 8 [1999] QCA 516. The content of t......
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Grossing Up Your Exclusion Clause: The Devil In The Detail
...of the higher term has been considered in the United Kingdom High Court decision of Red Sea Tankers Ltd and Others v Papchristidis [1997] 2 Lloyds Rep 547 (the Hellespont In this case, the agreement was expressed to be subject to the laws of New York (which made it perfectly normal to inclu......
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1 books & journal articles
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English Law's Epistemology of Expert Testimony
...are not reliable authorities on past mental states,58679 Liddell v. Middleton [1996] P.I.Q.R. P36, 40±41.80 The Hellespont Ardent [1997] 2 Lloyd's Rep. 547, 598; see, also, Barings p.l.c. v.Coopers & Lybrand [2001] Lloyd's Rep. Bank. 85, paras. 37±8.81 P. Roberts, `Will You Stand Up In Cour......