Monthly Archives: July 2016

Practical Implications of a Retention of Title clause

Wednesday, July 6th, 2016

RETENTION OF TITLE – PROCUREMENT ACTIONS (2) This is the second part of our Article on retention of Title, the first can be read here An actual clause is always worth studying for its procurement implications. The following clause is headed ‘Title’. It reads: 1.1 Title to the goods shall pass to the Purchaser upon […]

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RETENTION OF TITLE

Wednesday, July 6th, 2016

RETENTION OF TITLE – PROCUREMENT ACTIONS (1) Retention of Title (ROT) clauses have appeared in our professional life again. These clauses are often referred to as ‘Romalpa’ clauses. We thought the implications and existence of these clauses were widely known. This is not the case. Our client’s finance and procurement people were oblivious to the […]

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