Reed Smith LLP | Global, Hong Kong, United Kingdom | 21 Dec 2023
A “Pyrrhic victory” is a victory gained at too great a cost. An arbitral award Won, but not paid, can readily be termed a Pyrrhic victory. The term…
Reed Smith LLP | Global, United Kingdom, USA | 21 Nov 2023
With levels of distressed debt and corporate bankruptcies on the rise, it is quite timely that we revisit the interesting intersection of English law…