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Richard Neylon is Partner at HFW in London. Richard specialises in shipping and crisis response. He acts for a range of shipowners, charterers and insurers, in wet and dry shipping disputes. A large proportion of Richard's work involves resolving disputes arising from marine casualties and he has been involved in many of the recent high profile incidents. He has particular experience of collisions, fires/explosions, salvage, piracy, capture/seizure, groundings and unsafe port claims – often involving complex multi-jurisdictional litigation and arbitration. Whilst he works in the Admiralty & Crisis Management department, the complexity of modern marine casualties necessarily involves him in a mix of wet and dry work.
One of the services available to owner, broker and agency members is "intervention" to recover outstanding undisputed amounts.
BIMCO is developing a standard refund guarantee for shipbuilding contracts, including the SAJ and Chinese forms. The current issue is that English law and jurisprudence on guarantees is contradictory, complex and often very difficult to understand from a commercial perspective, and as a result small changes made by negotiators can have wide reaching commercial consequences.