UK Supreme Court clarifies effect of aggregation wording: AIG Europe Limited v Woodman -
In a long awaited judgment, which will affect all organisations with professional indemnity insurance, the Supreme Court has...more
A recent English Court decision confirms that members of LLPs who breach their fiduciary duties are at risk of having their remuneration (including that received by way of profit share) forfeited. This is in addition to...more
10/28/2016
/ Appeals ,
Arbitration Awards ,
Asset Management ,
Breach of Duty ,
Damages ,
Fiduciary Duty ,
Forfeiture ,
Limited Liability Partnerships ,
Profit Sharing ,
Remuneration ,
UK
Enforcing an arbitration award or a judgment against a sovereign state is not always easy. The case of Avionics Technologies Ltd v The Federal Republic of Nigeria and another addressed the novel issue of whether it is...more
Obtaining a judgment is one thing, enforcing it is another. The location of a judgment debtor’s assets can be unknown or deliberately hidden. A judgment creditor may therefore wish to obtain information from a judgment debtor...more
The English High Court has clarified one aspect of service of English proceedings in Russia under the Hague Convention.
The English Courts remain an attractive venue for Russian related litigation. A claimant wishing to...more
In a judgement of major significance for the commercial mortgage backed securities (CMBS) market, the High Court has ordered a negligent valuer to pay €32 million damages to a CMBS issuer. This is the first time a...more
When there is the suspicion of wrongdoing, it is common practice for companies to carry out an investigation by commissioning reports, whether internally or with the outside assistance of lawyers or other professionals. If...more