Lloyd’s Standard Form of Salvage Agreement 2024…When the damsel is a vessel in distress…
In this article, Natalie Jackson discusses the recent changes to the Lloyds Open Form salvage contract.
Author: Alexander Procter Archive
Commercial Disputes Weekly – Issue 219
A trio of company law cases in this week’s Commercial Disputes Weekly, considering breach of fiduciary duty, after the event insurance and the evidential burden of establishing a trust.
Common sense prevails – Circular trades deemed not inherently fraudulent
This dispute is a further addition to a series of recent cases in which lenders have attempted to resist making payment, or sought recovery of payments made, under letters of credit, on the purported basis that the underlying contracts are fraudulent in nature.
Nullity Exception – Time for Reappraisal?
This article examines the recent judgment of the Singapore Court of Appeal on the Nullity Exception that might also avail the banks. We consider whether it deserves another look or if it is time to close it down completely.
Snacks: Digestible Weekly Labour News – Issue 178
Read the 178th edition of our weekly update on Italian labour law.
Developments in the London listing markets: New UK Listing Rules and other developments
A look at key aspects of the new UK Listing Rules and other recent developments of note.
Commercial Disputes Weekly – Issue 218
In this edition of Commercial Disputes Weekly, we discuss the Supreme Court’s reasons for granting an anti-suit injunction in support of a Paris arbitration, as well as decisions on agency, climate issues in planning permission and abusive proceedings.
Undisclosed principals and liability under letters of indemnity
In this article, Mike Phillips and Archit Dhir discuss the law as to undisclosed principals in the context of liability under letters of indemnity, as raised in the recent decision in Yangtze Navigation (Asia) Co Ltd & anor v TPT Shipping Ltd & ors (The “Xing Zhi Hai”) [2024] EWHC 2371 (Comm).
WFW advises NextEnergy on acquisition of 110 MW Spanish pv project
We advised NextEnergy Capital on the acquisition via its NextPower V ESG fund of the 110 MW Pato solar pv project in Segovia, Spain, from IB Vogt.
Contract termination for repeated late payments – Providence Building Services v Hexagon Housing Association
Further to our recent case updates, we look at another recent decision involving Providence Building Services Ltd and Hexagon Housing Association Ltd.