Silks Day 2020

March 16 2020

Congratulations to Jamie Goldsmith QC and Conall Patton QC following today's Silk ceremony at the Palace of Westminster.

Bilta (UK) Limited (In Liquidation) v (1) NatWest Markets PLC and (2) Mercuria Energy Europe Trading Limited [2020] EWHC 546 (Ch)

March 10 2020

Mr Justice Snowden has handed down a lengthy judgment allowing a claim for dishonest assistance and for knowing participation in fraudulent trading (s 213 Insolvency Act 1986) in relation to a large-scale missing trader VAT fraud in the carbon credit market. The claim was brought by various companies in liquidation and their liquidators against NatWest Markets plc, known at the material time as The...

Court of Appeal upholds £675m claims for foreign exchange losses

March 03 2020

Smith & Nephew Overseas Ltd (and others) v HMRC [2020] EWCA Civ 299 Members of the Smith & Nephew PLC group, a leading FTSE 100 medical technology multinational (the “taxpayers”), have succeeded before the Court of Appeal in claims to deduct c£675 million of foreign exchange losses for tax purposes.  The exchange losses arose as a result of the taxpayers changing functional...

Chambers Global 2020

February 21 2020

One Essex Court is pleased to be ranked in the latest edition of Chambers Global, and has been highlighted as an “absolutely first-class, pre-eminent set with an excellent approach”, with “guaranteed top-notch commercial barristers”. “Ever present in high-profile commercial cases, many of which are international in nature”, One Essex Court’s members of...