The High Court recently dismissed a claim by Ickenham Travel Group Limited (ITG) against its former auditor, Tiffin Green Limited.
The decision sheds light on how English courts are likely to approach audit negligence...more
Despite one of the perceived advantages of arbitration being the absence of overly detailed rules and strictures, there is an increasing trend amongst the more well-known arbitration institutions to keep tweaking their rules...more
In a judgment dated 2 April 2020, which only recently became available, a Commercial Court judge took the exceptional step of sentencing four absent respondents to prison for contempt of court (Dell Emerging Markets (EMEA)...more
A recent judgment of the English High Court provides helpful guidance on the courts' approach to managing cases in response to the practical difficulties caused by the COVID-19 pandemic (Muncipio de Mariana and others v BHP...more
Remote trials -
In Re Blackfriars Ltd, the High Court rejected arguments that the restrictions imposed in response to the COVID-19 crisis were sufficient reason to adjourn a five-week trial. The trial, which is scheduled...more
The show must go on. A recent decision of the English High Court demonstrates the courts' commitment to carrying on in the face of the COVID-19 outbreak – and their expectation that parties and clients will do the same. ...more
Further to our update dated 27 March 2020, new emergency changes to the Civil Procedure Rules will give parties more freedom to agree extensions to litigation time limits during the COVID-19 pandemic.
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As the impact of the COVID-19 pandemic continues to be felt across all jurisdictions and sectors, companies are considering their options should they find themselves unable to perform their contracts. ...more
On 23 March 2020, the UK Supreme Court (UKSC) published the following update concerning time limits and extensions of time during the COVID-19 outbreak:
– Time limits in UKSC and Judicial Committee of the Privy Council...more
On 23 March 2020, the UK Supreme Court (UKSC) published the following update concerning time limits and extensions of time during the COVID-19 outbreak...more
While the situation is changing rapidly with the spread of COVID-19, the UK government has said that it is essential that courts and tribunals continue to administer justice. In a statement on 17 March 2020, the Lord Chief...more
In one of the most high-profile cases of early 2019, the English High Court has determined that the United Kingdom's withdrawal from theEuropean Unionwill not have the effect of discharging alease of business premises in...more
The English High Court has dismissed an application to discharge an "unexplained wealth order" ("UWO") against the wife of the former chairman of the International Bank of Azerbaijan....more
The Fifth Anti-Money Laundering Directive (MLD5) entered into force in July 2018. MLD5 updates the legal framework under the Fourth Anti-Money Laundering Directive (MLD4) and must be implemented by the EU member states by...more
The Fifth Anti-Money Laundering Directive (MLD5) entered into force in July 2018. MLD5 updates the legal framework under the Fourth Anti-Money Laundering Directive (MLD4) and must be implemented by the EU member states by...more
9/17/2018
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Banking Sector ,
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Due Diligence ,
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Virtual Currency
The English Court of Appeal's much - anticipated decision on legal professional privilege in Director of the Serious Fraud Office v. Eurasian Natural Resources Corporation Ltd. contains mixed news for companies conducting...more