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Deutsche Bank wins Court of Appeal battle in contempt dispute
February 24 2023
Deutsche Bank AG has prevailed in the latest phase of its long-running dispute with Monaco-based billionaire Alexander Vik over a US$250 million judgment obtained against Mr Vik’s shell company Sebastian Holdings, Inc in 2013. The Court of Appeal today upheld...
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Northern Ireland Protocol - House of Commons European Scrutiny Committee
February 22 2023
Tom Sharpe KC was invited to give evidence to the House of Commons European Scrutiny Committee on 1 February 2023. The Committee’s focus was on the Northern Ireland Protocol. Quite apart from the practical issues of trade, Tom’s evidence dealt with...
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Virgin obtains declarations in dispute with Alaska Airlines Inc.
February 17 2023
Virgin Aviation Ltd v Alaska Airlines Inc. [2023] EWHC 322 (Comm): The Commercial Court handed down judgment on Thursday in favour of the Claimants, two entities in the Virgin group, in proceedings concerning a trade mark license agreement (TMLA)...
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Commercial Court judgment on the impact of the UK’s Russia sanctions regime
January 30 2023
In her recent judgment in PJSC National Bank Trust v Mints, Cockerill J has considered a number of important questions of law concerning the sanctions regime. In the underlying proceedings, the claimants (both Russian entities) seek damages of c.$850 million...
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Arbitral order for specific performance subject to variation by the tribunal, held to be an award under Arbitration Act
January 23 2023
In YDU v (1) SAB and (2) BYH [2022] EWHC 3304 (Comm), the Claimant brought a claim for a declaration that an order for specific performance in a Partial Final Award did not constitute an award, alternatively remission of a paragraph of the Partial Final Award...
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High Court makes Non-Party Costs Order against Director
January 19 2023
In a judgment handed down on 12 January 2023 ([2023] EWHC 28 (Comm)) the Commercial Court held a director of the defendant company personally liable for the successful claimant’s costs. Following a 9 day trial in 2021 the defendant company, RediResi Ltd...
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High Court judgment on abuse of process and s 136 of the Law of Property Act 1925
January 13 2023
In its judgment in WCI v Brown, the High Court has addressed important issues concerning abuse of process and the notice requirements applicable to a legal assignment under section 136 of the Law of Property Act 1925. In the underlying claim...
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Two new silks at One Essex Court
January 03 2023
One Essex Court is delighted to announce that both Henry Forbes Smith and Marcos Dracos have been successful in their applications for Silk. The awards will take effect following an official ceremony in March...
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Court of Appeal reviews authorities on the interpretation of settlement agreements
December 22 2022
On 21 December 2022, the Court of Appeal handed down a judgment reviewing the leading authorities on the interpretation of settlement agreements, in particular as regards the release of claims in fraud, dishonesty or conspiracy...
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