Bruce Bentley

"Despite the sincere efforts of the Ever Given owners and their insurers, it has not been possible to resolve this matter without the continued involvement of the Egyptian courts." These were the words of the British P&I Club when the maritime insurer issued an update on the current circumstances surrounding the container ship Ever Given, which had previously been “largely unsupported” due to a demand previously described by the Suez Canal Authority (SCA) had been confiscated. valued at $ 916 million. According to the British P&I Club, which does not insure Ever Given itself and its cargo, but the ship's owner against certain third-party liabilities, the Ever Given camp has appealed against the arrest of the ship to the Ismaili court of first instance in Egypt. The ...

The review of the Competition Guard under the guidelines for the informal merger review process began last October. It was also late 2020 when other regulators like the European Commission (EC) and the New Zealand Trade Commission set out their respective tentative questions related to the mammoth union. The Singapore Competition and Consumers Commission held a consultation earlier this month as part of its own regulatory investigation. The EC has meanwhile extended its decision deadline by 10 working days to July 27, 2021. As the executive body of the European Union, the Commission examines, among other things, mergers in order to prevent market concentrations that significantly impair effective competition in the European Economic Area. In 2019, the Jardine Lloyd Thompson Group had to outsource its global aerospace practice in order for the Marsh McLennan takeover to relieve the EU. It has been reported that certain companies within Aon-WTW will also need to be sold to get t...