News

LegalUK launches with new research revealing the significant economic value of English law

October 14 2021

New research for LegalUK by leading economics consultancy Oxera and funded by the legal industry has for the first time established how the value of English law goes far beyond benefits to the legal sector and underpins hundreds of trillions of dollars of annual business activity domestically and internationally. The report marks the formal launch of LegalUK, a body including representatives from across...

Deutsche Bank v Busto di Arsizio [2021] EWHC 2706 (Comm)

October 13 2021

The Commercial Court (Financial List) has given a significant judgment in the first of the Italian swaps cases to consider the landmark Italian Supreme Court decision in Banca Nazionale Del Lavoro S.P.A v Municipality of Cattolica, holding that it was open to the English Court to diverge from an authority of the highest Court in a foreign legal system if satisfied on the evidence that the authority...

Daniel Benedyk joins One Essex Court

October 08 2021

One Essex Court is delighted to announce that Daniel Benedyk has joined Chambers. Daniel has a formidable reputation at the Commercial Bar, particularly in relation to civil fraud and banking and financial services. He also has an established construction and energy practice, and extensive experience in complex regulatory disputes.   Daniel also has a significant profile in international arbitration...

Privy Council recasts scope of power to grant interim injunctions

October 05 2021

The Privy Council has (by a 4:3 majority) rejected the need for a locally justiciable cause of action as a precondition on the power to grant interim injunctions. The decision in Convoy Collateral Ltd v Broad Idea International Ltd [2021] UKPC 24 – by an enlarged, seven-member Board that included the Supreme Court’s President and Deputy President and the Master of the Rolls – dispels...