Travel & Aviation Quarterly Issue 3 – Spring 2021 3 Hare Court Travel & Aviation Quarterly 2 www.3harecourt.com Issue 3 – Spring 2021 21 Table of Contents Foreword 4 Contributors to Issue 3 5 What will change in UK equality and employment law as a result of Brexit?
In the European Union, the European Insolvency Regulation (EIR) determines the jurisdiction for a debtor's insolvency proceedings, the law applicable to those proceedings and provides for mandatory recognition of the proceedings in other EU member states.
Many things have changed during the Covid-19 lockdown. Additional time with family and time to catch up with things I wouldn’t otherwise have had time to do are two of the main benefits I have enjoyed. Being a rather boring lawyer, one guilty pleasure I have indulged in is watching transmissions of Supreme Court hearings.
Can a company in liquidation adjudicate? Balfour Beatty Civil Engineering Limited & Anor v Astec Projects Limited, or what happens when an irresistible force meets an immoveable object?
“Art is born when the temporary touched the eternal; the shock of beauty is when the irresistible force hits the immoveable post” G K Chesterton
The highly anticipated Supreme Court decision in Bresco Electrical Services Ltd (in Liquidation) v Michael J Lonsdale [2020] UKSC 25 has endorsed the use of adjudication in the context of insolvency set off, substantially reversing the decision of the Court of Appeal.
The UK's Supreme Court ("UKSC") has handed down its judgment following the hearing of the appeal in the case of Sevilleja v Marex Financial Limited [2020] UKSC 31 ("Marex"). The appeal was against the decision of the Court of Appeal to find that the rule of reflective loss applied to 90% of Marex's claim, which was brought in its capacity as a creditor.
The appeal was unanimously allowed by UKSC and it confirmed the rule did not extend to creditors.
[2020] UKSC 25
An unfortunate but inevitable consequence of the economic downturn induced by COVID-19 is that an increasing number of construction companies will enter into insolvency. In Bresco Electrical Services Ltd (in liquidation) v. Michael J Lonsdale (Electrical) Ltd [2020] UKSC 25, the Supreme Court has provided some respite to contractors in liquidation by finally confirming their unfettered right to refer construction disputes for resolution by adjudication.
The Supreme Court has handed down its decision in Bresco Electrical Services Ltd v Michael J Lonsdale [2020] UKSC 25. It has returned the law to where it was before the first instance judgment and has made a firm statement that there is jurisdiction for insolvent construction companies to refer a dispute to adjudication. In the unanimous decision of the Court, Lord Briggs concluded that the operation of insolvency set off and the adjudication of construction disputes are not only compatible, but they are to be encouraged.
Bresco Electrical Services Ltd (In Liquidation) -v- Michael J Lonsdale (Electrical) Ltd [2020] UKSC 25