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    Legal Update - Litigation Trends 2016
    2016-01-14

    Last year, the Ministry of Justice published its statistics for judicial and court activity in England and Wales for 2014. In this note, we take a look at the 2014 figures and highlight emerging litigation trends.

    Our own enquiries into professional negligence claims for the first three quarters of 2015 show that claims numbers are likely to be broadly similar to those for 2014 and 2013. We intend to follow this note with an update after the Ministry of Justice publishes its own figures for the whole of 2015 later this year.

    Filed under:
    United Kingdom, England, Construction, Insolvency & Restructuring, Litigation, Professional Negligence, Clyde & Co LLP
    Location:
    United Kingdom
    Firm:
    Clyde & Co LLP
    Re Diffraction Diamonds DMCC [2017] EWHC 1368 (Ch)
    2017-06-27

    A case of two companies, one incorporated in Dubai and the other in England, involved in a network of businesses producing contrived fancy colour diamond valuations were eventually wound up by English courts in the interest of the public.

    Filed under:
    United Kingdom, England, Insolvency & Restructuring, Litigation, Ashfords LLP, Liquidation
    Authors:
    Sarah Shrimpton
    Location:
    United Kingdom
    Firm:
    Ashfords LLP
    Performance Guarantees - Resisting a Demand under FIDIC Contracts
    2021-02-02

    In any economic downturn, there is usually an increase in the number of demands made throughout supply chains and in particular by owners / employers on project securities (e.g. for performance issues, upon termination or following insolvency) and the recent global economic slowdown caused by the coronavirus pandemic is no different.

    Filed under:
    Australia, South Africa, United Kingdom, England, Construction, Employment & Labor, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer LLP, Coronavirus, South Africa Supreme Court of Appeal
    Location:
    Australia, South Africa, United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer LLP
    Administrators of Lehman Brothers Group obtain settlement directions
    2017-09-26

    In the English High Court, the joint administrators of four English companies within the former Lehman Brothers group sought directions from the Court in respect of a proposed settlement. The settlement would put to rest substantial inter-company claims including those at issue in the 'Waterfall III' proceedings.

    Filed under:
    United Kingdom, England, Company & Commercial, Insolvency & Restructuring, Litigation, Buddle Findlay, Lehman Brothers, High Court of Justice
    Authors:
    Bridie McKinnon , Oliver Gascoigne , Matthew Triggs , Myles O'Brien , Susan Rowe , Peter Niven , David Perry , Scott Abel , Kelly Paterson , Scott Barker , Willie Palmer , Jan Etwell , David Broadmore
    Location:
    United Kingdom
    Firm:
    Buddle Findlay
    Company remains shareholder following dissolution
    2017-09-26

    The English Court of Appeal has recently decided that a corporation that held shares in a company remained a shareholder notwithstanding the shareholding company's dissolution.

    BWE Estates Limited had two shareholders: an individual named David who held 75% of its shares and a company, Belvedere Limited, which held the remaining 25%. Although Belvedere was dissolved in 1996, it remained listed as a shareholder in BWE's share register.

    Filed under:
    United Kingdom, England, Company & Commercial, Insolvency & Restructuring, Litigation, Buddle Findlay, Shareholder, Court of Appeal of England & Wales
    Authors:
    Bridie McKinnon , Oliver Gascoigne , Matthew Triggs , Myles O'Brien , Susan Rowe , Peter Niven , David Perry , Scott Abel , Kelly Paterson , Scott Barker , Willie Palmer , Jan Etwell , David Broadmore
    Location:
    United Kingdom
    Firm:
    Buddle Findlay

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