Sharif Shivji QC and Zara McGlone successfully represented the Defendant, MBS, in defending an application for summary judgment and applying for a stay of the proceedings in the BVI in favour of the courts of Hong Kong on the grounds of forum non conveniens. The proceedings concerned a claim for payment under an equity derivative
Chambers is delighted to announce that Alexander Cook has been appointed to the Standing Counsel Panel of the Competition & Markets Authority (“CMA”). Alexander will assist the CMA with its cases, both in an advisory capacity and by representing the CMA in court. The CMA first established its Standing Counsel arrangements in 2015 and expanded its Standing
The Temporary Insolvency PD The Temporary Insolvency PD came into force on 6 April 2020. It was due to expire on 1 October 2020 but given the ongoing effects of the pandemic has been extended repeatedly with its latest iteration now in force until 30 September 2021 (unless amended or revoked by a further insolvency
In Tribe v Elborne Mitchell LLP  EWHC 1863 (Ch), George Bompas QC and Sarah Harman represented the successful defendant firm of solicitors. The court dismissed a former partner’s claim, relying on the principles developed in Braganza v BP Shipping Ltd  UKSC 17 concerning the exercise of discretionary powers, that he had not been
The Supreme Court has handed down judgment in Secretary of State for Health v. Servier Laboratories Ltd  UKSC 24 clarifying the law on causing loss by unlawful means. Jonathan Crow QC represented the Secretary of State for Health in its claim against Servier. Click here to read the judgment.
We are pleased to announce that Daniel Kessler’s ‘Insolvency Law Made Clear: A Guide for Debtors’ is now available, from the publisher, Waterstones and Amazon. The book offers practical guidance for litigants in person facing difficulties with personal or corporate insolvency law. All of the author’s profits will go to debt advice and pro bono charities.
The Court of Appeal has handed down judgment in Canara Bank v Dansingani and Others  EWCA Civ 714, with John Brisby QC and Alastair Tomson successfully representing the Respondent, Canara Bank. The Court rejected the Appellants’ appeal against a judgment handed down by the High Court in December 2019  EWHC 3439 (Ch) awarding
The BVI Commercial Court has handed down judgment in Ma v Incredible Power and others BVIHCM 2015/0047. The Court upheld the claim made derivatively on behalf of Rayley Company Limited, concluding that it had been the victim of three misappropriations. The Court found that the individual defendants were de facto directors of the relevant companies, and as such were
What is the coronavirus test for winding up a company? With the coming into force of the Corporate Insolvency and Governance Act 2020 (“CIGA”) on 26 June 2020, temporary restrictions were imposed on the presentation of creditors’ winding-up petitions in circumstances where, but for the financial impact caused by the coronavirus, the company would be
The High Court has handed down judgment in the latest stage of the long-running battle by the former shareholders of Yukos to enforce their record-breaking arbitration award against the Russian Federation. Click here for the judgment.