New Appointment to Attorney General's C Panel

March 01 2019

We are delighted to announce that Joyce Arnold has been appointed to the Attorney General’s C Panel of Counsel. Her appointment, which takes effect from 1 March 2019, will last for five years.

Chambers Global 2019

February 27 2019

One Essex Court is pleased to be ranked in the latest edition of Chambers Global, and has been highlighted as "excellent" and "extremely strong across the board". “One Essex Court is a name that trips off the tongue when you are discussing the very best the Commercial Bar has to offer” and “is a set that has a hugely impressive portfolio of the most sophisticated...

Determination of “Loss” following an “Automatic Early Termination Event” under the ISDA Master Agreement (1992 Multicurrency-Cross-border form).

February 25 2019

In Lehman Brothers Finance AG v Klaus Tschira Stiftung GmbH [2019] EWHC 379 (Ch), Snowden J was asked to resolve a series of questions concerning the determination of “Loss” following an “Automatic Early Termination Event” under the ISDA Master Agreement (1992 Multicurrency-Cross-border form). The main issues related to the date by reference to which the determination of “Loss”...

Commercial Court clarifies law on audit negligence

January 31 2019

Mr Justice Bryan in the Commercial Court has today handed down a wide-ranging judgment in AssetCo plc v Grant Thornton UK LLP [2019] EWHC 150 (Comm). Following a 12 day hearing in June and July 2018, the judgment runs to some 1274 paragraphs. The claim arose out of the admitted negligence of Grant Thornton in relation to audits of the financial statement of AssetCo plc in 2009 and 2010. AssetCo claimed...