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ACE and others to serve proceedings on Howden out of jurisdiction
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- October 23 2012
In Ace European Ltd & 5 ors v (1) Howden Group (2) Howden North America Inc (formerly Howden Buffalo Inc) 2012 EWHC 2427 (Comm), Mr Justice Field upheld his prior order granting permission to the claimant insurers (the Claimants), to serve proceedings seeking declaratory relief, out of the jurisdiction
High Court allows service out of jurisdiction for declaratory judgment
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- November 30 2011
In the case of Faraday Reinsurance Co Ltd v (1) Howden North America Inc (2) Howden Buffalo Inc 2011 EWHC 2837 (Comm), Howden sought to set aside an order allowing Faraday to serve it with proceedings out of the jurisdiction
Argentina and the Vulture Funds no hiding place?
- Edwards Wildman Palmer LLP
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- Argentina, United Kingdom, USA
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- July 12 2011
The Supreme Court of the United Kingdom has recently decided that a New York judgment against the Republic of Argentina in respect of outstanding sovereign bonds can be enforced against the debtor's assets located within England and Wales
Some FCPA concepts are coming into focus: implications for the UK Bribery Act
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- June 30 2011
The Foreign Corrupt Practices Act (FCPA) has been roundly criticized for its lack of clarity regarding key terms, such as "foreign official" and "instrumentality."
Briton extradicted to US on bribery charges
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- February 17 2011
On 20 January the English High Court refused to block the extradition of a British solicitor to the US on charges relating to the bribery of public officials in Nigeria
GLOBAL General & Reinsurance Company Ltd seeks US court assistance in aid of last of four UK runoff schemes
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- February 1 2011
The administrator who is running off the business of English (re)insurer GLOBAL General & Reinsurance Company Ltd filed a petition under Chapter 15 of the United States Bankruptcy Code with the federal bankruptcy court in Manhattan yesterday
Financial Services Authority seeks clarification on co-operation with overseas regulators
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- February 3 2010
On Tuesday 2 February 2010, the Financial Services Authority (FSA) went to the Court of Appeal to seek clarification regarding its obligation to co-operate with the Securities and Exchange Commission (SEC
Update on Lehman Brothers insolvency proceedings in the US, UK and Japan
- Edwards Wildman Palmer LLP
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- Japan, United Kingdom, USA
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- October 7 2008
On September 20, 2008, the Bankruptcy Court approved the sale of certain assets of Lehman Brothers Holdings Inc. ("LBHI") and Lehman Brothers Inc. ("LBI"), including those related to its Canadian Capital Markets and Investment Banking businesses, to Barclays Capital, Inc. ("Barclays"
English High Court examines the interaction between an English arbitration clause and a US service of suit clause
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- August 13 2008
The recent judgment in Ace Capital Ltd v CMS Energy Corp 2008 EWHC 1843 (Comm) has provided welcome clarification on the effect of a US service of suit clause in a policy that contains an English arbitration provision
Court considers application for stay in favour of Texas arbitration
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- July 28 2008
On 17 July in Equitas Limited v Allstate Insurance Company 2008 EWHC 1671 Mr Justice Beatson handed down his decision on whether Allstate was entitled to a stay of the instant proceedings initiated by Equitas in March 2008
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