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Lehman Waterfall I - UK Supreme Court Judgment
  • Weil Gotshal & Manges LLP
  • United Kingdom
  • May 17 2017

The Supreme Court in London today gave judgment in the Waterfall I appeal, a dispute as to the distribution of the estimated £8 billion surplus of

The Libyan Investment Authority v Goldman Sachs International 2016 EWHC 2530 (Ch)
  • Clyde & Co LLP
  • United Kingdom
  • May 10 2017

The High Court has given detailed guidance as to when bankers advising commercial investors to enter into transactions which have since gone sour may

Asset-Stripping of Judgment Debtors, Freezing Injunctions, the Limits of Tortious Liability and Reflective Loss
  • 20 Essex Street
  • United Kingdom
  • May 8 2017

Marex Financial Limited v Carlos Sevilleja Garcia 2017 EWHC 918 (Comm) David Lewis QC and Richard Greenberg report on the 25 April 2017 judgment of

Court of Appeal applies 'autonomy of credit' principle
  • Shoosmiths LLP
  • United Kingdom
  • April 28 2017

The 'autonomy principle' applying to letters of credit - and the restricted use of the fraud exception - has been applied by the Court of Appeal

Financial Services Update: Standby Letters of Credit - Autonomy Principle Still Stands
  • Mason Hayes & Curran
  • United Kingdom
  • April 5 2017

The English Court of Appeal has recently re-affirmed, in National Infrastructure Development Co Ltd v Banco Santander, that the fraud exception to

Camden Market, London complicated coffees, but no implied terms
  • Baker McKenzie
  • United Kingdom
  • April 3 2017

If you've been to Camden Market, London, recently, you'll know that these days it's a great place to go for semi-amusing novelty t-shirts and a

Brexit - UK Files for Divorce From European Union
  • McGuireWoods LLP
  • European Union, United Kingdom, USA
  • March 29 2017

On 29 March 2017, the UK government delivered the formal notice to the other EU Member States that it is leaving the EU. The Brexit process is now

Commercial Contracts Bulletin - March 2017
  • CMS Cameron McKenna
  • European Union, United Kingdom
  • March 27 2017

In the recent case of Irish Bank Resolution Corp Ltd (In Special Liquidation) v Camden Market Holdings Corp 2017 EWCA Civ 7, the Court of Appeal

Contentious Commentary - March 2017
  • Clifford Chance LLP
  • United Kingdom
  • March 16 2017

The latest edition of "Contentious Commentary", a newsletter that provides a summary of recent developments in litigation. The newsletter is produced

Financial Services Update: UK Court of Appeal Confirms Test for Implied Terms
  • Mason Hayes & Curran
  • United Kingdom
  • March 14 2017

A recent case highlights the courts' continued reluctance to imply terms into effective and coherent contracts and reaffirms the position established