The First and Second Applicants had sought specific performance of sale agreements entered into with the Respondent.
The Respondent had brought a claim against the Applicant Slovakian company for damages for breach of a supply contract between the parties.
In A v B 2010 EWHC 3302 (Comm), the Applicant had been successful in a FOSFA arbitration against the Respondent.
The International Group of P&I Clubs (the "Group") has revised its Letters of Indemnity following the decision of the Commercial Court in Farenco Shipping Co Ltd v Daebo Shipping Co Ltd (The Bremen Max) 2009 1 Lloyd's Rep.
In Oceanbulk Shipping and Trading SA v TMT Asia Ltd 2010 UKSC 44, the Supreme Court has recognised a new exception to the rule that communications made in a genuine attempt to reach a settlement are protected from being used as evidence by either party to proceedings.
In Gill and others v Darrock and others 2010 EWHC 2347 (Ch) the High Court was faced with a situation where a freezing order had been served without the penal notice being endorsed on the front page, as required.
In JSC BTA Bank v Ablyazov and others 2010 EWHC 2219 (QB), the High Court made an order that the Respondents would be barred from defending the claim unless they complied with the disclosure obligations set down in a freezing order, despite the fact that they had challenged the court's jurisdiction.
In Farm Assist Limited (in liquidation) v The Secretary of State for the Environment, Food and Rural Affairs (No.2) 2009 EWHC 1102 (TCC), a mediator applied to set aside a witness summons on the grounds that pursuant to the terms of the mediation agreement, the mediation was confidential and that the mediation had taken place on a without prejudice basis and was subject to privilege.