LAW AND JURISDICTION Bill of Lading Clauses iss-shipping
 

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(1) Unless Clause 25 or 27 applies, any claim against the Carrier under this Bill of Lading shall be determined only according to English law and exclusively in the High Court of Justice in London. The Merchant irrevocably submits to this jurisdiction.

(2) The Carrier shall be entitled to pursue any claim against the Merchant in London according to English Law or in any jurisdiction in which the Merchant has assets but then in accordance with the local law of that jurisdiction.

(3) Nothing herein shall prevent the parties to any claim or dispute under this Bill of Lading from agreeing to submit the claim or dispute to arbitration by mutually acceptable arbitrator(s) on mutually acceptable terms at a mutually acceptable venue.