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Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

18/07/2014

Soufflet Negoce SA v Fedcominvest Europe SARL [2014] EWHC 2405 (Comm)

This is an archived article, and some links may not work. Contact us if you have any questions.

Mr Justice Eder has handed down judgment in Soufflet Negoce v Fedcominvest concerning the ‘Notices clause’ in GAFTA Contract No.64. The same ‘notices clause’ appears in numerous GAFTA standard forms and the judgment is therefore of wider interest. The essential question was whether the provision within that clause stating that “any notice received after 16:00 hours on a business day be deemed to have been received on the business day following” applies to all contracts or only in the case of resales or repurchases. The Judge held that the latter was the case, upholding the Board of Appeal’s award to that effect. It follows that in cases where there are no resales/repurchases, notices received between 16:00 and midnight are not deemed served on the next business day.

The judgment provides clear guidance on the meaning of the frequently-used Notices clause. It also considers the balance between analysing contracts syntactically and on the basis of their underlying commercial purposes. In addition, the judgment touches on the question of the extent to which the court should defer to an assessment by trade arbitrators on where business common sense lies when construing a contract.

Malcolm Jarvis represented Fedcominvest, the successful respondents, on instructions from Hill Dickinson LLP.

 


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