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BAE Systems Plc announces global settlement with US and UK

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom, USA
  • -
  • February 16 2010

The Serious Fraud Office (SFO) and the US Department of Justice (DoJ) have reached a global settlement with BAE Systems Plc (BAE Systems), after the company admitted to control failures in the way it ran its business globally

Commercial Court finds that economic downturn does not constitute force majeure

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • March 31 2010

In Tandrin Aviation Holdings Ltd v Aero Toy Store LLC 2010 EWHC 40 (Comm), Mr Justice Hamblen awarded summary judgment against a party who sought to argue that the stark change in market conditions triggered a force majeure clause

General counsel update: 31 May 2012

  • Herbert Smith Freehills LLP
  • -
  • Argentina, China, European Union, Hong Kong, Singapore, Spain, United Kingdom
  • -
  • May 31 2012

This is the twenty-ninth in our series of General Counsel Updates which aim to summarise major developments in key areas