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Following a landmark judgment at the English High Court, logistics providers have won further protection against liabilities should a shipper go bust while the provider holds the shipper’s cargo.
The case, which saw UK logistics firm Uniserve pitted against accountancy giant KPMG, centred on a freight forwarder’s – as well as a haulier’s or shipping line’s – right to enforce their lien against administrators acting on behalf of bankrupt shippers.
“The first point for logistics companies, should a customer go into bankruptcy ...
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