The Court of Appeal (Sir Terence Etherton MR, Green and Dingemans LJJ) has today handed down judgment in conjoined appeals arising from the UK Government’s 2016 decisions: (i) not to support or permit resettlement of the British Indian Ocean Territory (BIOT); and (ii) to provide a support package of approximately £40m over 10 years for Chagossians in the communities in which they now live: R (Hoareau and Bancoult (No.5)) v Secretary of State for Foreign and Commonwealth Affairs  EWCA Civ 1010.
Instability in the price of crude oil has a strong propensity to bring with it contractual and other disputes. In this article David Lewis QC and Oliver Caplin explore a few of the types of disputes that may arise, and recap some of the pertinent English law issues that might be relevant to their resolution.
The Commercial Court has granted the Federal Republic of Nigeria (FRN) a huge extension of time in its dispute with Process and Industrial Developments Limited (P&ID) over the enforcement of a US$6.6 billion arbitration award (now worth US$10 billion with interest).
Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.
The recent decision of Mr Justice Andrew Baker in The Eternal Bliss provides a firm answer to a long-standing question concerning a shipowner’s right to damages, over and above its right to demurrage, under a voyage charterparty when the charterer’s allotted time for loading and discharging is exceeded.
On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).
It is an old saying and sometimes overused, but now more than ever ‘cash really is king’.
The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.
One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.
Onboarding can play a significant role in determining how an employee performs in their role, but by necessity, many jobs in 2020 are being performed from home.
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Asia MP Georgia Dawson has claimed victory in Freshfields Bruckhaus Deringer’s leadership elections, making her the first woman to lead the firm.
Goodwin Procter has raided Sidley Austin by bringing in a five-strong team from its private equity group, including Christian Iwasko and Erik Dahl, months after the duo left its US rival. The hire comes after the duo resigned from Sidley Austin at the end of June, having moved over to the firm in 2016 from […]
Ashurst and CMS have acted on Landsec’s £78m sale of 7 Soho Square to Hines. Covering 62,000 sq ft and the HQ of travel platform TripAdvisor, 7 Soho Square in London’s West End is one of only a handful of properties to have been put up for sale since lockdown began in March. Ashurst advised […]
The award for City firm of the year, sponsored by Travelers, pits innovation-hungry players against expansive challengers. In an ever-competitive world, London-based law firms are using technology, real estate investment and lateral hiring opportunities to stand out. One of the City’s largest law firm offerings – in terms of headcount and revenue – Reed Smith […]
Linklaters has reviewed the salaries of its lawyers after a delay caused by the onset of the pandemic. Back in April, the firm had postponed the review by about six months, and has now been able to resume the process. The decision comes as the magic circle firm has recently been easing some of the […]
Brabners’ employees have had their full pay restored, while partners’ drawings have also returned to 100 per cent. In April, the firm implemented measures to ensure its financial stability through the pandemic, including reducing the salaries of employees earning at least £25,000 a year by 20 per cent. Partners drawings were also reduced by 20 […]