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CAT sets out its approach to the Trucks Second Wave Proceedings  
January 24 2024
CAT sets out its approach to the Trucks Second Wave Proceedings
On 9 January 2024 the Competition Appeal Tribunal gave its Ruling regarding the future conduct of follow-on damages claims by over 700 Claimants based on the European Commission’s 2016 Trucks settlement decision in...
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New silk at One Essex Court  
January 22 2024
New silk at One Essex Court
One Essex Court is delighted to announce that Nicholas Sloboda has been successful in his application for Silk. The award will take effect following an official ceremony in March...
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ENRC v Dechert, Mr Gerrard, and the SFO (the “Phase 1A Judgment”)  
January 16 2024
ENRC v Dechert, Mr Gerrard, and the SFO (the “Phase 1A Judgment”)
Judgment in the Phase 1A Trial, heard over two weeks in March 2023, was handed down on 22 December 2023 and addressed certain issues of causation, loss, and contribution following the Phase 1 Trial and Phase 1 Judgment on liability...
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Commercial Court grants summary judgment to banks in latest Italian swaps claims  
January 16 2024
Commercial Court grants summary judgment to banks in latest Italian swaps claims
Banca Nazionale del Lavoro, Commerzbank and Dexia Credit Local v Provincia di Catanzaro [2023] EWHC 3309 (Comm): On 20 December 2023, Cockerill J granted summary judgment in jointly case managed claims in the Financial List...
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Invest Bank: Important High Court judgment on freezing injunctions  
January 15 2024
Invest Bank: Important High Court judgment on freezing injunctions
In Invest Bank v El-Husseini [2023] EWHC 3350 (Comm), Mrs Justice Dias has considered a number of important and unresolved questions of law concerning freezing injunctions. The claimant, a UAE bank, obtained a judgment...
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ClientEarth’s challenge to FCA prospectus decision dismissed  
January 08 2024
ClientEarth’s challenge to FCA prospectus decision dismissed
Section 87A of the Financial Services and Markets Act 2000 provides that the FCA ‘may not approve a prospectus unless it is satisfied that … all of the…requirements imposed by…the Prospectus Regulation…have been complied with’....
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Important decision on “good arguable case” test for notification/freezing injunctions Credit: Anton Vakhrushev / Shutterstock.com  
January 02 2024
Important decision on “good arguable case” test for notification/freezing injunctions
In a recent decision in the ongoing US$18.3bn Magomodev litigation, the High Court (Butcher J) has given an important judgment regarding the threshold of a “good arguable case” for the purposes of a notification injunction...
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CMA wins £200m p.a. price cap appeal Credit: Jan Orlowski / Shutterstock.com  
December 28 2023
CMA wins £200m p.a. price cap appeal
The Competition Appeal Tribunal (“CAT”) has rejected an appeal by Motorola against the Competition and Markets Authority’s decision to impose a price cap on the Airwave mobile telecommunications network. Motorola had...
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Section 9 arbitration challenge in BHP group litigation  
December 27 2023
Section 9 arbitration challenge in BHP group litigation
In December 2022, BHP Group UK and BHP Group Australia brought an Additional Claim against Vale S.A, the well-known Brazilian mining company. In that Additional Claim, BHP contend that if they are held to be liable to the Claimants...
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High Court gives high-octane judgment comprehensively rejecting bad faith allegations made against Aston Martin Credit: Sport Car Hub/ Shutterstock.com  
December 20 2023
High Court gives high-octane judgment comprehensively rejecting bad faith allegations made against Aston Martin
On 20 December 2023, Dame Clare Moulder DBE (sitting as a Judge of the High Court) handed down judgment following the trial in Aston Martin MENA Limited v Aston Martin Lagonda Limited [2023] EWHC 3285 (Comm)...
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