+44(0)20 7638 9271

Monthly Archives: November 2016

Prohibitions on assignment and a victory for the Shorter Trial Scheme

The recent Commercial Court judgment in National Bank of Abu Dhabi PJSC v BP Oil International Limited [2016] EWHC 2892 (Comm) provides a useful summary of the key legal principles governing the effectiveness of assignments of contracts that are subject to prohibition clauses as well as representing a success for the Shorter Trial Scheme pilot […]

Read more >

Company voluntary arrangements and challenges by creditors

The Insolvency Service statistics for July to September 2016 show that the estimated number of Company Voluntary Arrangements (“CVA”) in the third quarter of this year fell by 31.8% compared to the same quarter in the previous year. It might be suggested that CVAs are losing popularity; however, the latest figures should be approached with […]

Read more >

Dispute resolution provisions – the impact of Brexit

In an article that first appeared in The In-House Lawyer Magazine, Druces lawyers Charles Spragge, Victoria Novikova and Max Palmer consider the primary European regulations relevant to dispute resolution agreements and what the position may be post-Brexit. Of all the clauses in a contract, dispute resolution provisions require perhaps the greatest degree of crystal ball gazing. […]

Read more >