Stewarts Law to appeal “surprising” £450m MasterCard judgment

Stewarts Law has vowed to appeal a landmark judgment in the MasterCard interchange fees litigation.

Premium content

This article is only available to Premium subscribers of The Lawyer. Premium subscribers benefit from accessing all of our award-winning online content including interviews, commentary, analysis and in-depth research.

View our subscription options

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Related briefings

Determination of “Loss” following an “Automatic Early Termination Event” under the ISDA Master Agreement (1992 Multicurrency-Cross-border form)

In Lehman Brothers Finance AG v Klaus Tschira Stiftung GmbH [2019] EWHC 379 (Ch), Snowden J was asked to resolve a series of questions concerning the determination of “Loss” following an “Automatic Early Termination Event” under the ISDA Master Agreement (1992 Multicurrency-Cross-border form). The main issues related to the date by reference to which the determination of […]

Commercial Court clarifies law on audit negligence

Mr Justice Bryan in the Commercial Court has today handed down a wide-ranging judgment in AssetCo plc v Grant Thornton UK LLP [2019] EWHC 150 (Comm). Following a 12 day hearing in June and July 2018, the judgment runs to some 1274 paragraphs. The claim arose out of the admitted negligence of Grant Thornton in […]

Court of Appeal addresses the application of SAAMCO in the context of audit negligence

The Court of Appeal has today unanimously dismissed an appeal by Manchester Building Society against a judgment of Teare J holding that the Society’s former auditor, Grant Thornton, was not liable for mark-to-market losses incurred by the Society in relation to various long-term swaps. The proceedings arose out of hedge accounting advice provided to the […]

North Sea Oil JOA Appeal Dismissed

The Court of Appeal has today unanimously dismissed an appeal by two participants in a North Sea oil joint venture, Centrica and TAQA, against a judgment of Robin Knowles J holding them liable to pay their share of pension scheme deficits incurred by the operator in relation to the joint operations. The proceedings arise out […]

High Court discharges freezing orders for breach of the duty of full and frank disclosure and considers jurisdictional issues

In PJSC Commercial Bank Privatbank v Kolomoisky & others [2018] EWHC 3308 (Ch), a decision handed down on 4 December 2018, Fancourt J discharged worldwide freezing orders up to US$2.6 billion obtained against the Defendants, declined jurisdiction over foreign Defendants, and stayed the proceedings against English Defendants. The judgment is as an important reminder of the duty […]

Latest Briefings

Must article 2 inquiries seek to identify those responsible for the death?

In February 1989 Patrick Finucane, an Irish Catholic lawyer, was eating dinner with his wife and children when gunmen forced their way into his home and shot him 14 times. Thirty years later this murder remains one of the most notorious events of the Northern Ireland ‘Troubles’. An inquest the following year examined only the […]

Assessing lender risk in fund finance markets (GLI Chapters)

Lawyers from Jersey and the Cayman Islands have contributed to Global Legal Insight’s 2019 guide to assessing lender risk in fund finance markets. A zero-risk product? Despite being a relatively long-standing lending product, until very recently there had been no public payment defaults by funds in the fund finance space, and consequently, no test cases […]

The future of conveyancing – A new digital age?

By Christina Gill In a world that is becoming increasingly digitalised, it is likely that within the next few years we will see huge technological shifts in the way conveyancing is conducted. This could mean the whole process of purchasing a home, including completion of all necessary documentation, moving online. But, what does this mean from […]

Regulator 2019 annual funding statement for DB schemes

By Jo Ratcliffe, Ruth Bamforth, Craig Looker On 5 March 2019 the Pensions Regulator (Regulator) published its annual defined benefit (DB) pension scheme funding statement.  The statement trails the Regulator’s approach to scheme funding which is expected to be set out in the new draft funding code due in 2019. This Insight looks at the Regulator’s 2019 statement and […]

Defence & Security procurement 2019

By Ana Marta Castro Legal framework 1. What statutes or regulations govern procurement of defence and security articles? The basic procurement rules for defence and security contracts are set forth by the Public Procurement Law in the Fields of Defence and Security (PPDS), approved by Decree-Law 104/2011 of 6 October 2011, which implemented the EU […]

Recommended

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here