43 results
End Of The Road for LIBOR Rigging Claims; or Just a Detour?
The Court of Appeal's decision in Property Alliance Group v RBS [2018] EWCA Civ 355 is a decisive victory for RBS over PAG. However, the door has undoubtedly been opened for other potential claimants. While the CA also made some significant findings on the bank's advisory duties and implied more...
21 Feb 2018 15:53
Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd [2018] EWHC 118 (Ch)Norris J has handed down judgment in the case of Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd. The case was about an overage payment of £1.4million. The key issues were: (a) the meaning of an obligation on a developer (Abbeygate) to use “reasonable endeavours” to achieve “as soon as more...
PERSIMMON HOMES v OVE ARUP: ANOTHER RAID ON THE ARSENAL?
The current trend of appellate decisions is to leave commercial parties of equal bargaining power to their own contractual fate. Persimmon Homes Ltd v Ove Arup and Partners Ltd [2017] EWCA Civ 373, in which the Court of Appeal considered the meaning of an asbestos exclusion clause, reinforces that more...
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