List of arguments as to why our customers should accept NSAB as a part of the contract NSAB is a contract where the clients are a party It is an important.

Slides:



Advertisements
Similar presentations
DISCHARGE OF CONTRACT HOW A CONTRACT COMES TO AN END
Advertisements

Industrial Relations Act 1990 Next Slide. What is the difference in an employer and an employee? Employer is a person who pays one or more people to work.
Mark Radford, Partner, Colin Biggers & Paisley, Australia Conflicts of interest faced by reinsurance brokers and duties owed by producing and placing brokers.
Module 2: Legal Aspects of Associations & Non-Profits Presented by the Southern Early Childhood Association.
3 rd Global Sipping Summit 7-9 November 2008, Dalian, China International Multimodal Transport: A New Approach to Liability Regulation Dr. Mahin Faghfouri.
Presented By: D. Kevin Davis, Partner. Why are employment agreements useful for an employer? - incorporating personnel policies into the employment relationship.
Welcome to Jeopardy!.
Budgets & Financial Records
List of arguments as to why LTL members internally should require the use of NSAB NSAB is a Nordic agreement between eight parties. The parties are the.
Minimizing potential losses in forwarding activities in Russia: legal view Polina Kondratyuk for ACEX Conference September 2014 Law bureau.
ACCOUNTING FOR MERCHANDISING OPERATIONS
MERCHANDISING COMPANY
Incoterms - International Commercial Terms ICC 2000 By Linda Holtes.
“This workforce solution was funded by a grant awarded under Workforce Innovation in Regional Economic Development (WIRED) as implemented by the U.S. Department.
Chap 2. CONFLICT IN THE MARKET PLACE THE LAW OF CONTRACT Has been developed over the years from decisions of judges to regulate how businesses should be.
Or Is He / She an Employee or a Contractor?.  According to Jackson Lewis  International Tax Avoidance  Wage Issues  Misclassification – Employee or.
ACCOUNTING FOR MERCHANDISING OPERATIONS
The role of intermediaries in the CMR Convention Geneva, 21 February 2014 Jean Acri, IRU.
Coversure Insurance Services – Palmers Green. Would you like to earn more money……?
Purpose and modes of State indemnification Project 2001 Plus Towards an harmonised approach for Nations Space Legislation in Europe. Berlin, 29/30 January.
INSURANCE CLAIMS IN MEXICO INSURANCE CONTRACT 1.Insurer shall be a company duly authorized to carry out business as an Insurer in accordance to Federal.
Performance & Termination of Contract (Discharge of Contract)
Comprehensive Volume, 18 th Edition Chapter 26: Passage of Title and Risk of Loss: Rights of Parties.
1 Construction Engineering 221 Construction Insurance.
The 411 of Employment Contracts. A Special Thank You to: Dr. David M. Yousem, M.D., M.B.A. Professor, Department of Radiology Vice Chairman of Program.
Ijara Two Days Specialized Training Workshop On Islamic Microfinance
Connie Chocas Classification and Export Control Sandia National Laboratories Export Control Coordinators Organization June 28, 2007 SANDIA’S USE OF INCOTERMS.
ATLANTA | CINCINNATI | CLEVELAND | COLUMBUS | DAYTON | NEW YORK | WASHINGTON, D.C. The Health & Personal Care Logistics Conference Spring Meeting 2015.
CH1 INTERNATIONAL TRADE CONTRACTS
CHAPTER 6 CARRIAGE OF GOODS & DOCUMENTATION
Legal Principles of Insurance Chapter 9. Agenda Recall topics learned in your insurance or business law class to better understand this chapter Principle.
Contract Review.  1. The final step in the vendor contracting process should be getting the vendor’s standard written contract and signing the contract.
Experience of ADRC, Adjudication/Appeals and Mediation Anwar Kashif Mumtaz Partner Saiduddin & Co., Advocates Taxation, Management & Company Law Consultants.
Copyright © 2005 Pearson Education Canada Inc. Business Law in Canada, 7/e, Chapter 2 Business Law in Canada, 7/e Chapter 2 The Resolution of Disputes.
1 Ethics For the Employee Benefits Agent.  Ethics – defined as a principle of right or good conduct; a system of moral principles or values; the rules.
Privity (Privacy) of Contract
Hether C. Macfarlane Pacific McGeorge School of Law How to Reason Like a Civilian?
Dispute settlement GATT 1947 provided for a dispute settlement system based on consultations and negotiations between Members. The Contracting Parties.
© 2006 Prentice Hall Ch. 4-1 THE LEGAL ENVIRONMENT OF BUSINESS A Critical Thinking Approach Fourth Edition Nancy K. Kubasek Bartley A. Brennan M. Neil.
AGREEMENT BETWEEN FIAB AND ASEDAS A NEW WAY FORWARD? Horacio González Alemán.
CHAPTER XXX SALES CONTRACTS
ISO 9001 – an overview Tor Stålhane IDI / NTNU. ISO 9001 and software development ISO 9001 is a general standard – equally applicable to software development.
CURRENT TRANSFER PRICING SITUATION IN ARGENTINA Mexico D.F., December 1, 1999.
C7- 1 Learning Objectives The students should master the concepts of Incoterms 2000; trade terms; FOB;CIF; CFR [Important and Difficult Points] the differences.
Copyright © 2008 by West Legal Studies in Business A Division of Thomson Learning Chapter 22 Legal Aspects of Supply Chain Management Twomey Jennings Anderson’s.
9.2 – Deciding whether or not to take civil action.
Chapter 12 Contract Discharge and Remedies for Breach.
 The law is a set of legal rules that governs the way members of society interact  Laws are required in society to regulate behaviour of the individual.
LEGALITIES. Independent Contractors vs. Employees ◦ Personal trainers working in clubs are: ◦ Independent Contractors ◦ Employees ◦ Personal trainers.
Consumer Protection Where does the consumer's duty end and the manufacturer's duty begin? Three different theories address this question: The contract,
International Purchase and Sale. International sale contract International sale contract is the most used among governments concerning trade relations.
Basic Concepts of Financial Accounting Introduction to Business And Technology.
1 A Seminar On Pharmaceutical Outsourcing A Seminar On Pharmaceutical Outsourcing.
Chapter 4 – Settling Disputes.  Effective community advocates work to solve problems in the community by proposing and lobbying for better laws and public.
Protecting your Managed Services Practice: Are you at Risk?
Case: Italian Discrimination Against Imported Agricultural Machinery
Settling Disputes. Disadvantages to the Courtroom n There are three main disadvantages in going to court. –1. Court process is time consuming –2. Court.
HOW TO PROTECT YOUR INTEREST IN A SALE CONTRACT Focus on what you “get” when you sign!
© South-Western Educational Publishing Chapter 8 Budgets and Financial Records  Budgeting and Record Keeping  Legal Documents and Filing Systems.
” “ International Trade Law CISG 1980(Lecture 4) Remedies Prof.ssa M.E. de Leeuw, Ph.D., Dr., Università di Ferrara.
Still Afraid of CERCLA? Tools and Techniques to Address Liability Ellen M. Boyle, Esq. AIG Environmental® November 14, 2006.
LESSON 16 Letter of Credit. A letter of credit is a document from a bank guaranteeing that a seller will receive payment in full as long as certain.
DOL Fiduciary Rule: Answering Advisors' Top Questions Jason Berkowitz Vice President and Counsel, Regulatory Affairs September 7, 2016.
Legislations.
Chapter 17 Audit Corporate Governance.
Due diligence checklist
4th IRU-LAS-AULT SEMINAR SESSION IV – SECURING COMMERCIAL GOODS TRANSPORT AND INSURANCE CONTRACTS Alexandria, 5 November 2012 (c) International Road Transport.
WELCOME CONRACT LAW.
What are you liable for? – Diversity of civil liability of mediators across EU Mag. iur. Dana Rone Turība University.
Presentation transcript:

List of arguments as to why our customers should accept NSAB as a part of the contract NSAB is a contract where the clients are a party It is an important fact that NSAB is not an one sided conract developed by and for the freight forwarders. It is a contract where the transport buyers have Participated as an equal party. At the latest Revision that lead up to NSAB 2000, it was the Nordic Transport buyer organizations that demanded the negotiations. NSAB was then revised after a 1

thorough review of all incoming suggestions. All Nordic transport buyer organizations fully supported the new agreement. In Norway, Norwegian Shippers Council (TF) took part in the negotiations. Its members are – among others – NHO, Norsk Industri, HSH, Skogbrket and several other companies. This means that most Transport purchasers are parties to the contract, for instance Statoil, Norsk Hydro and more than other companies. 2

The parties premises were that NSAB was to be used as a standard agreement. The standard agreement relates to the right of Transportation. The agreement is specifically meant to cover the Relationship between a freight forwarder and a transport Purchaser. It relates to the conventions that cover Transportation and storage by road, sea, train and air. 3

The benefits for the buyers are listed below: The freight forwarder has a stricter professional responsibility The freight forwarders have the burden of proof to ensure that the contracts are satisfactorily fullfilled. The freight forwarders have the burden of proof that they are not bo blame in cases of damage to goods, loss and delay. 4

The transport purchasers can more easily get insurance and the total need for insurance is less expensive. The transport purchasers can more easily be granted credit. Claims for damages are easier with agreements limited by time. NSAB imposes greater obligations in respect of storage. 5

The standard agreement is adapted to insurance possibilities Only by using the standard agreement can one be sure that the freight forwarder through his insurance covers the need of the client. The insurances cover merely the claims in accordance with NSAB. If the goods for Transportation of storage are exceptionally valuable the insurance companies offer special insurances for Transport purchasers. It is almost impossible for freight Forwarders to get a similar coverage. 6

The customer’s standard agreement is most often not covering services. Most customer agreements attempted are agreements concerning the purchase of goods. This means that they are not suitable for the sale of our services. Even if they are service agreements, they impose upon the freight forwarders terms that cannot be insured and that do not comply with laws and conventions. In addition they will easier lead to claims and conflicts as they are one sided dictates. 7

The Supreme Court has stated in a verdict in Rettstidende 1994 page 626 that: NSAB contains a regulation of responsibility in a Standard agreement agreed upon through negotiations between organizations representing the freight forwarders and the transport purchasers. The Regulations thus are a result of balancing the conflicting Interests that apply, hereunder giving consideration to existing insurance possibilities and which party is best placed to take out insurance. 8

Not least is the consideration to predictability and clear and simple solutions very important in this matter. In the Supreme Court’s opinion it would be most unfortunate to dislocate the regulation of liability that on this point is implemented by the contract. 9