The Court of Appeal's ruling in Tonzip Maritime Ltd. v. 2Rivers Pte Ltd., the latest in the English law of sanctions ownership and control, confirms that where a contract refers to sanctions exposure, the relevant question may be whether there is a real and objectively reasonable risk, not whether a sanctions breach has already been proved, say lawyers at Michelman Robinson.
By John Gibson and Alice Mills ( July 3, 2026, 9:05 AM BST) -- On May 22, the Court of Appeal handed down judgment in Tonzip Maritime (Singapore) Pte Ltd. v. 2Rivers Pte Ltd., The Catalan Sea, reversing the High Court's decision.[1]...
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