High Court sends Sky trademark case to EU

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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 […]

Commercial Court dismisses claim by SPV associated with Robert Tchenguiz

On 29 June 2018, following a three-week trial, the Commercial Court handed down its judgment in the high-profile proceedings between Edgeworth Capital (Luxembourg) S.à.r.l. v Aabar Investments PJS. Edgeworth is a Luxembourg SPV associated with the well-known businessman Robert Tchenguiz. Aabar is an Abu Dhabi investment company, which is now wholly owned by Mubadala Investment […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Milbank boosts London to $125m in latest financials

Milbank Tweed Hadley & McCloy has posted a 9 per cent increase in revenue to $125m (£90m) in its latest financial results for 2017. These results have been released ahead of the firm’s international financials, which are expected in the coming weeks. The firm has already indicated that 2017 was its best year ever globally […]

New York City

Kirkland hiring spree continues with acquisition of Latham private equity star

Kirkland & Ellis has hired Latham & Watkins’ global co-chair of private equity, Jennifer Perkins. Based in New York, Perkins primarily acts for private equity sponsors in leveraged buyouts, dispositions and other corporate transactions.  “Kirkland has a deep bench of talented attorneys, many of whom I’ve worked with throughout my career, and has an outstanding […]

Gerry Boyle QC defends crime commissioner against miscondust allegations

Gerry Boyle QC successfully defended a Police and Crime Commissioner against allegations of Misconduct in Public Office in an attempted private prosecution. The PCC was accused of misconduct in relation to an alleged failure to investigate a Chief Constable and collusion. The prosecution was dismissed following Gerry’s legal submissions at a preliminary hearing.

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