7KBW represents both sides in oil dispute

Members of 7KBW have featured on both sides of the dispute in Glencore Energy UK Ltd v Cirrus Oil Services Ltd [2014] EWHC 87 (Comm).

Robert Bright and Sandra Healy represented Glencore and Stephen Kenny represented Cirrus Oil Services.

Issues of contract formation, the identity of the negotiating parties and the assessment of the market value of crude oil from a young Nigerian oilfield — on which publicly available trading data was non-existent — arose for decision.