A version of this article first appeared in Butterworths Journal of International Banking and Financial Law in June 2025.
In the case of IDBI Bank Limited v Axcel Sunshine Limited & Ors the English High Court held that,...more
Cases on Material Adverse Effect (“MAE”) clauses (also known as Material Adverse Change, or MAC, clauses) rarely come before the English courts, so there are limited English authorities on their construction. The High Court...more
COVID-19 is likely to have a significant impact on the (non-)performance of commercial contracts across all sectors. This note provides a high-level checklist of some of the key issues to consider when dealing with an actual...more