On 25 May 2011, the English Court of Appeal issued judgment on a dispute over the validity of the cancellation of a marine policy under an Iran sanctions clause, the scope for renewals, and the extension to policies to be prohibited under existing EU (European Union) sanctions against Iran.he contract of insurance was a composite policy of marine insurance covering hull and machinery risks on the NITC fleet of Iranian oil tankers, and the co-assured included a Cypriot operating company, Arash Shipping Enterprises Co. Ltd, which was owned or controlled by Iranian nationals.
DEFINITION of 'Tipping' The act of providing material non-public information about a publicly-traded company to a person who is not authorized to have the information. This is an illegal act.
Gladwell defines a tipping point as the moment of critical mass, the threshold, the boiling point. The book seeks to explain and describe the mysterious sociological changes that mark everyday life. As Gladwell states, Ideas and products and messages and behaviors spread like viruses do. The examples of such changes in his book include the rise in popularity and sales of Hush Puppies shoes in the mid-1990s and the steep drop in New York City 's crime rate after 1990.