News

4 Stone Buildings has published the third edition of its free-to-download e-book entitled “Litigation in the Time of Covid-19: Legal issues in commerce, finance and insolvency”. The e-book contains extensive analysis into the key issues arising out of the coronavirus pandemic, as well as the latest legal developments, in contract, corporate insolvency, personal insolvency, company

Judgment has recently been given in a dispute over the correct interpretation of standard form contractual wording on which a debtor sought to rely in order to avoid his payment obligations by reference to the risk of incurring secondary US sanctions.  The judgment in Lamesa Investment Ltd v. Cynergy Bank Ltd [2020] EWCA Civ 821

Judgment has recently been handed down in the appeal in Infinity Distribution Ltd v The Khan Partnership LLP [2020] EWHC 1657 (Ch). The appellant appealed against an order that an ATE insurance-backed deed of indemnity was adequate and acceptable security for its costs, because of the appellant’s potential adverse costs exposure relating to the costs

The applicant was seeking to set aside two judgments six years after the event. In considering the applicability of relief from sanction principles to the CPR tests for setting aside judgments under CPR 23.11 and 39.3, the court concluded that the Court of Appeal’s judgments in Bank of Scotland v Pereira [2011] EWCA Civ 241

To continue our series of coronavirus related webinars, Albert Sampson and Guy Olliff-Cooper will be presenting “Regime Change – The Corporate Insolvency and Governance Bill”. The Corporate Insolvency and Governance Bill includes some of the most dramatic changes to UK insolvency law since the Enterprise Act 2002. This is not just a response to Coronavirus:

The situation in relation to the coronavirus pandemic continues to evolve rapidly. As a chambers, we are maintaining our commitment to ensuring that our members, staff and clients remain safe during these uncertain times.  We are continuing to comply with government guidance in this respect. Our clerks room continues to operate as normal and our members

In the latest judgment in the long-running bankruptcy proceedings against businessman Moises Gertner,  Mr Justice Marcus Smith has set aside a bankruptcy order made last year by Chief ICC Judge Briggs. The Court ruled that Judge Briggs had taken into account immaterial factors in the exercise of his discretion, and that the bankruptcy petition ought to be