Dispute Resolution Update: Reeling in the Year

In 2018 the Supreme Court delivered its much-awaited decision in the case of SPV OSUS Ltd v HSBC Institutional Trust Services (Ireland) Ltd & Ors where it confirmed that the assignment of a claim is unenforceable in Irish law unless the assignment is ancillary to a bona fide transaction or the assignee has a genuine commercial interest in the assignment.

Filed under:
Ireland, USA, Arbitration & ADR, Insolvency & Restructuring, Litigation, Mason Hayes & Curran LLP, HSBC
Authors:
Conor O’Leary , Liam Guidera , Maurice Phelan
Location:
Ireland, USA
Firm:
Mason Hayes & Curran LLP