H&P, an investment bank, provided services allegedly worth USD 18 million to Randgold, who H&P had assumed was a client. However, terms of their engagement were never formalised or even written down. After the transaction,...more
In the latest decision in the Prestige saga, the English Court of Appeal has made two notable findings: it has refused to enforce a Spanish judgment on the basis that it would be contrary to public policy because it conflicts...more
2/6/2025
/ Anti-Suit Injunctions ,
Appeals ,
Arbitration ,
Arbitration Agreements ,
Enforcement ,
France ,
Immunity ,
International Arbitration ,
Jurisdiction ,
Spain ,
State Immunity Act 1978 (the SIA) ,
UK
In an unusual approach to cost recovery, Airbus has successfully applied for an order that costs incurred in proceedings before the English courts for final anti-suit and anti-enforcement injunctions be reserved so that it...more
In dealing with a series of intertwined contracts, the English High Court found that the correct interpretation of a contract meant that an airline had had its obligations to make overdue payments terminated but then...more
11/27/2024
/ Airlines ,
Commercial Litigation ,
Contract Interpretation ,
Coronavirus/COVID-19 ,
Dispute Resolution ,
Late Payments ,
Lease Financing ,
Lease Termination ,
Novation ,
Payment Terms ,
Purchase and Sale Agreements ,
Rectification