Publication of 150th anniversary edition of Snell’s Equity

February 19 2020

Sweet & Maxwell have published the 34th edition of Snell’s Equity, which is the leading text on the principles governing equitable remedies, trusts, and other matters within the scope of Chancery jurisdiction.  This publication is a milestone in that it marks the 150th anniversary of the text, first written by Edmund Snell before the Judicature reforms of 1873-75. As such Snell’s...

The Lawyer Top Appeals of 2020

February 14 2020

One Essex Court is delighted that 7 members of chambers are instructed in cases which feature in The Lawyer’s recently published Top Appeals of 2020. Mastercard / Visa – Interchange Fee Litigation A 4-day Supreme Court appeal of the £450m claim brought by retailers against alleged anti-competitive and excessive interchange fees on credit and debit card transactions. Judgment now...

Privy Council tests meaning and effect of s112(2) of the Companies Law of the Cayman Islands

February 14 2020

Section 112(2) was introduced into the Companies Law of the Cayman Islands in 2009.  In Pearson (in his capacity as Additional Liquidator of Herald Fund SPC) v Primeo Fund  [2020] UKPC 3, the JCPC considered, for the first time, an important point of statutory construction surrounding the meaning and effect of this provision. Section 112(2) of the Companies Law of the Cayman Islands provides...

First-tier Tribunal upholds group relief claims

February 10 2020

LINPAC Group Holdings Ltd v HMRC [2020] UKFTT 60 (TC) LINPAC Group Holdings (“Holdings”), a global plastics supplier, has successfully overturned HMRC’s rejection of c£40 million of group relief claims (>£10m tax at stake) before the First-tier Tribunal (Tax Chamber) (“FTT”).  Holdings made domestic claims for group relief in respect of losses of group...