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English Court of Appeal slashes UK's first cartel follow-on antitrust damages award and emphasises claimants' burden to prove losses

United Kingdom - November 6 2019 In BritNed v ABB1, the English Court of Appeal substantially reduced the UK's first award of damages in a so-called cartel damages claim brought for…

Aqeel Kadri, Charles Balmain, J. Mark Gidley, Marc Israel, Mark Powell.

UK Supreme Court upholds first successful claim for breach of the "Quincecare" duty financial institutions owe their customers

United Kingdom - November 5 2019 In Singularis Holdings Ltd (In Official Liquidation) v Daiwa Capital Markets Europe Ltd ([2019] UKSC 50), the Supreme Court upheld the first…

Charlie Mercer, John Reynolds, Philip Broke.

Sanctioned default? The English High Court considers the effect of foreign illegality on English obligations

United Kingdom - October 7 2019 As sanctions ramp up globally, it is increasingly important for commercial parties engaged in cross border transactions to have certainty (i) as…

Charles Balmain.

Frustrated by Brexit? Too high a hurdle to overcome for the EMA

European Union, United Kingdom - February 28 2019 One of the multitude of uncertainties currently facing commercial parties potentially affected by Brexit is the effect on their existing commercial…

Alexa Romanelli, Hannah Field-Lowes.

Supreme Court confirms effectiveness of 'no oral variation' clauses

United Kingdom - May 21 2018 Against a backdrop of inconsistent authorities, in Rock Advertising Limited v MWB Business Exchange Centres Limited, the United Kingdom Supreme Court…

Edward Attenborough, Paul Brumpton.