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United Kingdom: Case Note: Griffon Shipping LLC v Firodi Shipping Ltd. [2013] EWHC 593 - Reed Smith

An important decision for the ship sale and purchase market has confirmed that buyers entering into a standard form Memorandum of Agreement do so in the knowledge that they may be liable for the amount of the (unpaid) deposit.        

agreement decision ewhc firodi griffon kingdom llc reed smith united

Found 1 month ago on channel Mondaq

United Kingdom: Appropriation Of Shares And Relief From Forfeiture - Field Fisher Waterhouse

The saga concerning control of the Cukurova group returned to the Privy Council in the case of Cukorova Finance International Limited and Cukurova Holding AS v Alfa Telecom Turkey Ltd [2013] UKPC 2, resulting in a decision of considerable interest on the remedy of appropriation, and also on a material adverse change event of default.        

alfa appropriations council cukorova cukurova decision finance fisher forfeiture international kingdom limited privy telecom turkey ukpc united waterhouse

Found 1 month ago on channel Mondaq

United Kingdom: Hawes v Burgess – A Reminder Of The Dos And Don'ts For Ensuring Wills Are Upheld - Rawlison Butler LLP

The case of Hawes v Burgess and another [2013] EWCA Civ 74 is recent Court of Appeal decision reminding Probate practitioners of what steps must be taken to ensure that Wills they draft are upheld.

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Found 1 month ago on channel Mondaq

United Kingdom: Green Light For Fracking - Field Fisher Waterhouse

Fracking is in the headlines again, following the Government’s decision to give it the green light in December 2012 – this decision allows companies to begin exploring for shale gas.

decision fisher government kingdom united waterhouse

Found 1 month ago on channel Mondaq

United Kingdom: Schütz V Werit - Replacing Parts In Patented Products - Taylor Wessing

This recent patent decision of the Supreme Court provides guidance about when replacing a part might be treated as the infringing act of ‘making’ a patented product.

court decision guidance kingdom patented schütz supreme taylor united werit wessing

Found 1 month ago on channel Mondaq