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Consignee meaning

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What does Consignee mean?
In legal practice, a consignee is the person or entity named to take delivery of goods under a contract of carriage or trade documentation (for example a bill of lading, sea/air/road/rail waybill, delivery order or customs entry). The term is descriptive and used across shipping, logistics and customs contexts, but it is also used or defined in specific instruments, such as the UK Carriage of Goods by Sea Act 1992 (in relation to sea waybills), the CMR Convention (road) and the Montreal Convention (air). Key features: - The consignee is the party entitled to delivery, but need not be the owner of the goods. - Identification normally follows the transport document; for bills of lading, the original may need to be produced to obtain delivery. - Consignees may acquire rights of suit against the carrier and may incur liabilities (for example freight or other carriage charges, customs duties, storage or demurrage) when taking delivery or exercising rights. - A consignee is distinct from the consignor (shipper) and from a “notify party”. Usage is broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland, though precise rights and obligations depend on the governing statute, convention, contract terms and mode of transport.
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View the related Practice Notes about Consignee

PRACTICE NOTES
Key drafting and negotiation issues in consignment stock agreements: sale trigger, retention of title and risk, VMI, storage and access, pricing, warranties and returns

Scope and purpose This Practice Note is intended to aid the review and/or negotiation of a consignment stock agreement, and sits alongside the Precedents: Consignment stock agreement—pro-customer and Consignment stock agreement—pro-supplier. Under a consignment stock set-up, the seller of goods (the consignor) places a stock of goods with the buyer (the consignee) while retaining title until the point the buyer takes or appropriates items for its own use. The buyer typically keeps the seller’s stock on its own premises and may draw on it as needed. This differs subtly from a standard supply on retention of title terms: with consignment stock (absent contrary wording), no contract of sale for identified consigned goods arises until the buyer appropriates them from the stock for use, whereas in a typical supply the contract usually exists before delivery Types of consignment stock arrangement Consignment stock arrangements can arise in various settings. They are particularly useful where an uninterrupted supply of the relevant goods is so critical to the buyer that it...

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