International trade has become more seamless over the years, and bills of lading which represent a receipt, contract and proof of ownership all at the same time, play a key role in this. It is important for parties to a bill of lading to be aware and understand their responsibilities, liabilities and limitations under the...
The Montreal Convention, (formally, the “Convention for the Unification of Certain Rules for International Carriage by Air”) was adopted in 1999 by the International Civil Aviation Organization (ICAO) and came into effect in in 2003, when the United States became the 30th State Party to ratify the Convention. The Montreal Convention modernized and replaced the...