CJEU upholds EU sanctions against Russia

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Fundo Soberano de Angola v dos Santos- Risks of non-disclosure

In a scorching judgment handed down on 16 August 2018, Popplewell J discharged a US$3 billion worldwide freezing order granted on a without notice to the sovereign wealth fund of Angola against the son of the former President and others on the grounds of “serious and culpable nondisclosure” by the Claimant and lack of jurisdiction […]

Commercial Court discharges $3bn freezing order in relation to Angolan sovereign wealth fund

On 16 August 2018, Mr Justice Popplewell discharged a $3 billion proprietary and freezing injunction (“WFO”) against the Defendants, Mr José Dos Santos, Mr Jean-Claude Bastos de Morais (“Mr Bastos”), and the Quantum Global group of companies. This is a very important judgment on the requirements for freezing orders, especially the duty of full and […]

Court of Appeal allows appeal by Deutsche Bank on challenge to jurisdiction

On 27 July 2018 the Court of Appeal (Longmore, Gross, Floyd LJJ) handed down its judgment on Deutsche Bank’s appeal against the Judgment of HHJ Waksman QC (sitting as a Judge of the Commercial Court) in Deutsche Bank AG v Comune di Savona [2017] EWHC 1013 (Comm). The judgment is a highly significant decision providing […]

Court of Appeal allows Sainsbury’s appeal

In a landmark judgment on private actions for damages for infringement of competition law, the Court of Appeal has clarified the law in this field, reconciling considerable differences in the approach taken to multilateral interchange fees in cases before the Competition Appeal Tribunal and Commercial Courts. On the central question in issue, the Court allowed […]

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