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Upcoming webinar – Litigation update
On Wednesday 4 November (2-3pm UK time), Anna Pertoldi and Maura McIntosh will deliver a webinar for Herbert Smith Freehills clients and contacts looking …
Privy Council clarifies application of Duomatic principle to beneficial owners and the conferring of ostensible authority
The Judicial Committee of the Privy Council has ruled that the corporate director and the agent of a BVI-based holding company did not owe the company a …
High Court says bank need not comply with numerous and repetitive DSARs which were being used for a collateral purpose
The High Court has dismissed a Part 8 claim against a bank for allegedly failing to provide an adequate response to the claimant’s Data Subject Access …
Judgment handed down in FCA's COVID-19 business interruption insurance test case
The High Court has today handed down judgment in the COVID-19 Business Interruption insurance test case of The Financial Conduct Authority v Arch and …
New series of webcasts on the Corporate Insolvency and Governance Act 2020
The new Corporate Insolvency and Governance Act 2020, which came into effect on 26 June 2020, could have a significant impact on companies in distress …
Supreme Court confirms existence and scope of “reflective loss” rule
The Supreme Court’s judgment in Sevilleja v Marex Financial Ltd [2020] UKSC 31 has been eagerly anticipated by financial institutions and brings much …
High Court holds s.236(3) of the Insolvency Act 1986 does not have extra-territorial effect, except where the EU Insolvency Regulation applies
The High Court has held that s.236 of the Insolvency Act 1986 (“IA 1986”) does not have extra-territorial effect, so that the court is not generally …
Proposed insolvency reforms: Impact on supply chains and their customers
As previously noted, the new Corporate Insolvency and Governance Bill, currently expected to be enacted in mid-June 2020, is likely …
Corporate Insolvency and Governance Bill – major insolvency reforms proposed
The Government on 20 May 2020 published the Corporate Insolvency and Governance Bill, which contains the most far-reaching reforms to UK insolvency law …
Unjust enrichment: High Court finds claimant entitled to restitution of the value of services provided in anticipation of a contract
The High Court has held that a supplier of soft toys was entitled to restitution of the value of the services it had provided to a toy designer, in …
Public procurement podcast series launched
We have launched a new podcast series in which our procurement law experts discuss hot topics and live issues in the field of public procurement. These …
High Court affirms orthodox application of directors’ no conflict duty in insolvency
The High Court has ruled that directors breached their duties by taking up the company’s business opportunity for their own benefit, even if the company …
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