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English Banking Litigation: Top 10 Cases Of 2017
January 18, 2018, Covington Alert
We summarise what we see as the ten most significant English Court judgments for financial institutions. The overriding theme to arise from these cases is that, when financial institutions look after their own interests and protect themselves, those protections will be upheld by the English Court and their contractual arrangements will be respected. Financial institutions will find themselves at risk, however, when they do not protect themselves carefully under their contracts or where they go further in their conduct than their contracts intended.
October 29, 2020, Covington Alert
This month, the UK Supreme Court issued a decision of fundamental importance to the field of international arbitration, undertaking to answer a simple, but timelessly vexing, question: what law governs the validity and scope of an arbitration agreement, where the law that governs the parties’ contract differs from the law of the seat of arbitration? Is it the ...
March 23, 2018, Covington Alert
On March 15, 2018, the Government introduced legislation to Parliament that would strengthen the state’s ability to scrutinise the national security implications of foreign investment in cutting-edge technology sectors.