Escrow in international trade is a service that allows both seller and buyer to protect their individual interests in a transaction by placing the funds in the hands of a trusted third party until a specified set of conditions are met.
A Will is not just for sharing that favorite shirt or giving your land in Eko Atlantic City to loved ones but also to let out those secrets which are probably eating you up, to give instructions, state your fears, express your wishes and any other information you would love your loved ones to know.
But something is special about the maritime industry, that is, almost all its fields are untapped. You can talk about seafaring, marine insurance, boat and ship building plus repairs, ship broking, transportation and warehousing, fishery and oceanography, maritime logistics and supply chain management etc.
Courts should not be the place where the resolution of disputes begins but rather where disputes end after alternative methods of resolving such disputes have failed, as ADR processes tend to arrive at settlements that are more creative, satisfactory and longer lasting than those imposed by the Court.