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23 May 2013
Court of Appeal decision on mitigation of loss
The Court of Appeal has held that an innocent party did not fail to take reasonable steps to mitigate its loss by not permitting the party that …
24 April 2013
Commercial Court refuses to award compound interest where interest losses not specifically pleaded
The Commercial Court has refused to award compound interest on sums in excess of US$1.5 billion paid away by the claimant bank as a result …
28 February 2013
UK Supreme Court confirms FSA not required to give cross-undertaking in damages
In a judgment handed down yesterday, the Supreme Court held that there is no general rule that an authority such as the FSA, seeking an injunction …
12 February 2013
Court of Appeal considers limits of recoverable loss in contract
The Court of Appeal has considered the correct approach to determining when a type of loss caused by a breach of contract should nonetheless be regarded …
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