News

The Supreme Court has agreed to hear Stanford International Bank Limited (“SIB”)’s appeal against the decision of the Court of Appeal from earlier this year ([2021] EWCA Civ 53) which would result in the reduction of SIB’s claim from c.£118m to c.£2.4m. The claim, previously listed as one of The Lawyer’s ‘Top 20 Cases of

The High Court last week gave declarations of insolvency sought urgently in relation to two energy supply companies, Utility Point Limited and People’s Energy (Supply) Limited, which between them supply over half a million customers. The declarations enable the regulator to take steps to manage those companys’ energy customers and appoint a new energy supplier.

Following a private hearing, the President of the Family Division has handed down a public judgment acceding to an application by the executors for sealing up the will of HRH The Prince Philip, Duke of Edinburgh, and withholding the value of his estate from the grant of probate. Read a copy of the judgment here.

We are delighted to announce that both of our current pupils, Josh O’Neill and Elizabeth Walsh, have accepted offers of tenancy. Lizzie and Josh join chambers following the successful completion of their pupillage under the supervision of Donald Lilly, Tiran Nersessian, Tom Gentleman and Gregory Denton Cox. To date, they have assisted in a broad

The High Court (Deputy ICC Judge Baister) has handed down a judgment concerning the application of the “Coronavirus Test” to winding up petitions. In Re A Company, the Court dismissed the petition on the basis that the “Coronavirus Test” was not satisfied in a decision which highlights the risks run by petitioning creditors who elect

The Court gave judgment on the operation and effect of the disclosure pilot scheme under CPR Practice Direction 51U in the context of a liquidator’s claim for the repayment of a preference pursuant to s.239 IA 1986, taking into account specifically a large scale deletion of potentially relevant documents by the Defendant.  The judgment considered

The High Court this morning gave declarations of insolvency sought urgently in relation to two energy supply companies, PFP Energy Supplies Limited and Moneyplus Energy Limited. The declarations enable the regulator to take steps to manage those customers’ energy customers and appoint a new energy supplier. Lara Hassell-Hart appeared in the Interim Applications Court for

In an important decision for civil fraud practitioners, the Court of Appeal has handed down judgment in the case of Les Ambassadeurs Club Ltd v Songbo Yu [2021] EWCA Civ 1310. The question before the Court was what is meant by the phrase “real risk of dissipation” in the context of freezing relief. Following Gee

4 Stone Buildings is delighted to announce that Albert Sampson has been appointed to The Attorney General’s C Panel of Counsel. During his appointment, Albert will undertake civil and EU work for government departments alongside his busy practice spanning commercial litigation and arbitration, company law, insolvency, banking & financial services, financial regulatory law, civil fraud