James Purchas and Daniel Khoo successful for FCA in £3.6m unauthorised share scheme

On 6 May 2020 the High Court handed down judgment in The Financial Conduct Authority v Skinner and ors [2020] EWHC 1097 (Ch), a claim by the FCA relating an unauthorised scheme. The unlawful scheme involved the sale of shares in Our Price Records Limited (“OPR”) in 2014 and 2015. OPR was promoted as a commission earning […]

11th May 2020

Benjamin Pilling QC and Daniel Khoo successfully resist s. 68 challenge to $22m arbitration award based on an insufficiency of reasons

On 12 July 2019 Mrs Justice Moulder handed down judgment in Pakistan and ors v Broadsheet LLC [2019] EWHC 1832 (Comm), a decision in relation to an application to set-aside or remit a $22 million London-seated arbitration award. The Court rejected the challenge to the award, which was based on the alleged insufficiency of reasons […]

12th July 2019

Benjamin Pilling QC and Daniel Khoo successfully resist challenge to enforcement of €20 million arbitration award

On 11 October 2018 Mrs Justice Cockerill handed down judgment in the Commercial Court in an application to resist the enforcement of a €20 million Paris-seated ICC arbitral award (the “Award”). The grounds for resisting enforcement were witness intimidation, lack of due process and lack of jurisdiction. Eastern European Engineering Ltd (“EEEL”) terminated six contracts […]

17th October 2018

Benjamin Pilling QC and Daniel Khoo obtain freezing injunction in €19 million arbitration enforcement claim

On 20 June 2018 Christopher Butcher J handed down judgment in the Commercial Court on an application for freezing relief in a long-running dispute between two Seychellois companies, Eastern European Engineering Ltd (“EEEL”) and Vijay Construction (Proprietary) Ltd (“Vijay”). EEEL was successful in a Paris-seated ICC arbitration, and following that arbitration there has been litigation […]

21st June 2018

High Court Dismisses Private Jet Company’s Mis-selling Claim Against Bank

Following an 11 day trial, the High Court (Rose J) handed down judgment on 22 January 2018 in a £3.8m dispute between LEA (a private jet charter company) and RBS. LEA alleged that it had been mis-sold two interest rate hedging products, including an allegation that RBS had dishonestly failed to disclose its internal credit […]

22nd January 2018

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