High Court orders City litigators to name source of “forged” report – Legal Futures

Posted October 15th, 2024 in arbitration, disclosure, forgery, law firms, news, Russia by tracey

‘The High Court has ordered a leading City litigation firm to name the source of a potentially forged report produced as part of an arbitration dispute between Russian oligarchs.’

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Legal Futures, 15th October 2024

Source: www.legalfutures.co.uk

English institutions and law popular for global dispute resolution – OUT-LAW.com

Posted September 16th, 2024 in arbitration, bills, Commercial Court, dispute resolution, news by tracey

‘New research shows the important role that English law, courts and arbitration bodies play in dispute resolution in a competitive global market, experts have said.’

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OUT-LAW.com, 13th September 2024

Source: www.pinsentmasons.com

Hoffman: What more could we have done in Nigeria fraud case? – Legal Futures

Posted September 13th, 2024 in arbitration, bills, bribery, contracts, corruption, energy, fraud, news by tracey

‘The former law lord who presided over the arbitration whose $11bn award was later found to have been obtained by fraud has said there was nothing the panel could have done differently.’

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Legal Futures, 13th September 2024

Source: www.legalfutures.co.uk

The Art of the Award: Delivering an Arbitral Award in a Financial Remedies Case – Financial Remedies Journal

Posted September 9th, 2024 in arbitration, case management, families, financial dispute resolution, news by tracey

‘Like advocacy, award writing is a solitary and idiosyncratic art. No doubt others use different brush strokes. These are my tips for award writing.’

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Financial Remedies Journal, 5th September 2024

Source: financialremediesjournal.com

Judges releases law firm from privilege to defend claim – Legal Futures

Posted August 29th, 2024 in arbitration, fiduciary duty, insolvency, law firms, loans, news, privilege by sally

‘A City law firm will be able to fully defend itself from serious allegations in the High Court after a judge held that its former clients cannot claim legal professional privilege (LPP) because of the iniquity exemption.’

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Legal Futures, 29th August 2024

Source: www.legalfutures.co.uk

What’s the Matter? Insolvency and Arbitration Following Sian Participation – Pump Court Chambers

Posted August 22nd, 2024 in agreements, arbitration, chambers articles, insolvency, news by sally

‘The presence of a generally worded arbitration agreement or exclusive jurisdiction clause applicable to the debt relied upon by a creditor bringing a winding-up petition should not lead to the stay or dismissal of the petition unless the debt is genuinely disputed on substantial grounds.’

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Pump Court Chambers, 2nd July 2024

Source: www.pumpcourtchambers.com

Winding Up Petitions and Arbitration Agreements – Sian Participation – 33 Bedford Row

Posted August 6th, 2024 in arbitration, chambers articles, news, winding up by tracey

‘Sian Participation Corp (In Liquidation) v Halimeda International Ltd [2024] UKPC 16 (“Sian”) has, in part, overruled, Salford Estates (No.2) Ltd v Altomart Ltd [2014] EWCA Civ 1575; [2015] BCC 306 (“Salford Estates”). The part overruled is in respect to section 122(1) of the Insolvency Act 1986 and whether the Companies Court can, on a creditors winding up petition, determine whether or not the petition debt is genuinely disputed on substantial grounds. Salford Estates was not overruled in respect to whether section 9 of the Arbitration Act 1996 applies to creditors winding up petitions.’

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33 Bedford Row, 1st August 2024

Source: www.33bedfordrow.co.uk

Arbitration Bill re-introduced to Parliament – Law Commission

Posted July 23rd, 2024 in arbitration, bills, Law Commission, news by tracey

‘The Arbitration Bill was introduced into Parliament today. The Bill enacts the recommendations of the Law Commission to reform arbitration law.’

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Law Commission, 18th July 2024

Source: lawcom.gov.uk

Sian v Halimedia: Insolvency vs Arbitration – Article by Ernest Leung cited in recent Privy Council decision – Wilberforce Chambers

‘In Sian Participation Corp v Halimedia International Ltd [2024] UKPC 16, Lords Briggs and Hamblen considered the issue of whether insolvency proceedings should be stayed where the underlying debt was covered by an arbitration agreement. In an appeal from the BVI, the Privy Council rejected the approach in Salford Estates (No 2) Ltd v Altomart Ltd (No 2) [2014] EWCA Civ 1575 where the English Court of Appeal stated that insolvency proceedings should be stayed in favour of arbitration proceedings unless there are exceptional circumstances (“the Salford Approach”). This means that even if the debtor company could not show that the debt is genuinely disputed on substantial grounds (a relatively low threshold), the petitioning creditor will still have to go through the arbitration process to establish the debt before seeking a winding-up order.’

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Wilberforce Chambers, 21st June 2024

Source: www.wilberforce.co.uk

Arbitration as an instrument of fraud: Contax v KFH – Gatehouse Chambers

Posted June 13th, 2024 in arbitration, chambers articles, enforcement, fraud, news by sally

‘Earlier this year, Butcher J handed down the judgment of the Commercial Court in the extraordinary case of Contax Partners Inc BVI v Kuwait Finance House and Ors [2024] EWHC 436 (Comm), ultimately putting to bed an attempt by fraudsters to purloin over £70 million from a banking group associated with the Kuwaiti sovereign wealth fund. What made this attempted fraud particularly noteworthy was that its central mechanism was an abuse of the processes of the court used to enforce arbitral awards.’

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Gatehouse Chambers, 7th May 2024

Source: gatehouselaw.co.uk

A Tale of Two Forums – the decision in Grosskopf v Grosskopf [2024] EWHC 291 (Ch) – Wilberforce Chambers

Posted May 3rd, 2024 in arbitration, chambers articles, jurisdiction, news, trusts by sally

‘The decision by Master Clark on 16 February 2024 in Grosskopf v Grosskopf (two members of Wilberforce Chambers: Fenner Moeran KC and Simon Atkinson acted for the C in this case) is a judgment on an increasingly important point – to what extent can parties contractually agree to submit their trust dispute to arbitration? Does section 9 of the Arbitration Act 1996 bite in circumstances where the claimant seeks a replacement of the trustee with a judicial trustee? The answer it would seem is that you can, but the arbitrators will have their hands relatively tied as to what relief they can order.’

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Wilberforce Chambers, 26th April 2024

Source: www.wilberforce.co.uk

What Next for Sovereign Immunity in ICSID Disputes? A Short Review of Border Timbers Ltd v Republic of Zimbabwe and Infrastructure Service Luxembourg Sarl v Spain – Kluwer Arbitration Blog

Posted April 25th, 2024 in arbitration, enforcement, immunity, news by sally

‘On 19 January 2024, the High Court of Justice of England and Wales gave judgment in Border Timbers Ltd v Republic of Zimbabwe [2024] EWHC 58 (Comm). The decision of Dias J considered, in detail, the application of the UK State Immunity Act 1978 (“SIA”) to the registration, enforcement, and execution of ICSID arbitral awards before and by the English courts. The court declined to follow another recently decided case Infrastructure Services Luxembourg Sarl v Spain [2023] EWHC 1226 (Comm), as well as international practice across the broader common law world. Permission has been given to appeal the decision in Border Timbers to the Court of Appeal. The proceedings in Border Timbers and Infrastructure Services Luxembourg deserve close attention.’

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Kluwer Arbitration Blog, 30th March 2024

Source: arbitrationblog.kluwerarbitration.com

Embracing Artificial Intelligence in International Arbitration: Towards Transparency and Fairness – 4-5 Gray’s Inn Square

Posted April 25th, 2024 in arbitration, artificial intelligence, chambers articles, news by sally

‘Leonora Riesenburg and Arran Dowling-Hussey reflect on the healthy and often colourful global debate on risk mitigation in international arbitration driven by modern forms of Artificial Intelligence (AI).’

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4-5 Gray's Inn Square, 2nd April 2024

Source: www.4-5.co.uk

Assignments and transfers by operation of law: an important distinction clarified in Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2024] EWCA Civ 5 – 29 Essex Chambers

Posted March 27th, 2024 in appeals, arbitration, assignment, chambers articles, damages, news by sally

‘In this case the Court of Appeal considered when a non-assignment clause would be effective to stop the transfer of a cause of action to an indemnifying insurer.’

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39 Essex Chambers, 7th February 2024

Source: www.39essex.com

To Babanaft or not to Bananaft – the extra jurisdictional effect of an anti-suit injunction (Renaissance Securities (Cyprus) Ltd v Chlodwig Enterprises Ltd) – Gatehouse Chambers

‘The court was considering the appropriate form of order continuing an anti-suit injunction (previously made without notice).’

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Gatehouse Chambers, 5th February 2024

Source: gatehouselaw.co.uk

Lies, damned lies and fakery – UK Human Rights Blog

Posted March 11th, 2024 in arbitration, banking, foreign jurisdictions, fraud, human rights, judgments, news by tracey

‘Contax Partners inc BVI v Kuwait Finance House and others [2024] EWHC 436 (Comm). Legal news abounds these days with stories of fabricated decisions and authorities generated by ChatGPT and similar AI mechanisms. But there’s nothing like a bit of old-fashioned human plagiarism to tickle the palates, and the full force of a judge’s fury was unleashed on such an attempt recently in the High Court.’

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UK Human Rights Blog, 9th March 2024

Source: ukhumanrightsblog.com

English anti-suit injunctions in aid of arbitration agreements with a foreign seat – Wilberforce Chambers

Posted March 6th, 2024 in arbitration, chambers articles, foreign jurisdictions, injunctions, news by sally

‘The recent Court of Appeal decision in Unicredit Bank GmbH v RusChemAlliance LLC [2024] EWCA Civ 64 (“Unicredit”) is the latest in a trilogy of cases1 involving successful applications to the English courts for the grant of anti-suit injunctions to restrain RusChemAlliance LLC (“RCA”), a Russian company, from continuing Russian proceedings brought in breach of arbitration agreements governed by English law. The distinguishing feature in each of these cases is that although the arbitration agreements were governed by English law, the chosen seat of the arbitration was Paris, France, and hence the supervisory court was not the English court but the French court.’

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Wilberforce Chambers, 22nd February 2024

Source: www.wilberforce.co.uk

£70m arbitration award set aside after High Court judge finds agreement is a ‘fabrication’ – Law Society’s Gazette

‘A High Court judge has set aside a multi-million pound arbitration award and judgment after finding they were “fabrications”. The Honourable Mr Justice Butcher said the result of his decision meant ‘unanswered but serious questions’ were left and would require investigation.’

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Law Society's Gazette, 4th March 2024

Source: www.lawgazette.co.uk

Judge says he was misled by “fabricated” £74m arbitration ruling – Legal Futures

Posted March 1st, 2024 in arbitration, fraud, news, setting aside by sally

‘A High Court judge has set aside an order he made to enforce a £74m arbitration award after discovering that both the arbitration agreement and ruling were fabricated.’

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Legal Futures, 1st March 2024

Source: www.legalfutures.co.uk

High Court removes arbitrator who pre-judged expert evidence – Legal Futures

Posted February 27th, 2024 in arbitration, bias, expert witnesses, film industry, news by tracey

‘The High Court has removed a sole arbitrator it found had pre-judged the merits of a dispute because he said he knew and would believe the expert witnesses one side had put forward.’

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Legal Futures, 27th February 2024

Source: www.legalfutures.co.uk