A mother’s love is not infallible – Court of Appeal restores multi-million WFO

22 January 2020

The Court of Appeal has unanimously restored a worldwide freezing injunction against a defendant’s mother, in a useful reminder of the evidence necessary to show a risk of assets being disseminated.

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Lost At Sea No Longer – Clarification on the use of “Anchor Defendants”

18 December 2019

The Court of Appeal has allowed the appeal of Privatbank against a High Court judgment dismissing its claim against foreign domiciled defendants on the basis that the bank had inappropriately pursued claims against English domiciled defendants for the “sole purpose” of attaching English jurisdiction to the former group. The decision helpfully clarifies the position on the use of so-called “anchor defendants”.

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Every little doesn’t always help

18 December 2019

Tesco has recently failed in its attempt to strike out claims by investors seeking to recover losses in respect of their investment decisions to buy and sell shares in Tesco, which the Claimants claimed were made in reliance on untrue or misleading information published by the supermarket chain.

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IP’s Susceptible to Non-Party Costs Orders

18 December 2019

The High Court has made a non-party costs order against an insolvency practitioner firm, requiring it to pay the legal costs of unsuccessful proceedings brought by one of its partners.

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Hybrid contracts and valid payment notices explored

18 December 2019

The statutory payment provisions for construction operations are designed to encourage cash flow within the construction industry. In the case of C Spencer Limited V MW High Tech Projects UK Limited[1] the Court had to consider the implications of a contractual payment regime that dealt with both construction operations and other works together.

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Message Received – Dispensing with Service

18 December 2019

In the recent case of Lonestar Communications Corp LLC v Kaye[1], the court dispensed with service of the claim form following numerous attempts by the Claimant via social media and the internet to notify the Defendant of the proceedings.

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A Blow for Lloyds Shareholders

25 November 2019

Mr Justice Morgan dismissed an action by a group of 5,803 former Lloyds shareholders (the “Claimants”) in Sharp v Blank . The Claimants claimed that the Lloyds directors acted negligently in recommending the acquisition of HBOS – a bank burdened with bad mortgages.

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Legal advice privilege: a force to be reckoned with

15 November 2019

The Court of Appeal cements the enduring status of legal advice privilege and provides guidance on the questions to be asked when determining whether legal advice privilege can be waived.

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Pass the $182 million Parcel!

15 November 2019

In a decision highlighting the serious consequences of funding another’s litigation (even family) in Kazakhstan Kagazy Plc & Ors –v- Shyna Arip & Ors [2019] EWHC 2630 (Comm), the Commercial Court has granted a third party costs order (TPCO) against the wife (A) and mother-in-law (B) of a defendant (C).

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Woodford Fund to be wound up and the FCA considers changes to fund rules in the wake of the fund’s collapse

15 November 2019

Link Fund Solutions Limited (“Link”), the corporate director of the LF Woodford Equity Income Fund, has announced that it intends to wind up the fund as soon as possible.

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