Christopher Richards

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Articles

LCIA Releases Arbitration Challenge Decisions: Key Insights

Jan 8, 2025 | mondaq.com | Mike Stewart |Christopher Richards

The London Court of International Arbitration (LCIA) hasrecently published 24 anonymised decisions illustrating itsapproach to applications challenging arbitrators. This latest release is the third tranche of decisions issued bythe LCIA, following earlier batches covering a periodup to 2017. The latest cache includes decisions made by theLCIA Court in arbitrations it administered (both underLCIA rules and UNCITRAL rules) between 22 July 2017and 31 December 2022.
Glass Lewis and ISS recommendations

Nov 29, 2024 | sharesmagazine.co.uk | Christopher Richards

29 November 2024 NANOCO GROUP PLC ("Nanoco" or the "Company") Glass Lewis and ISS recommend voting against both resolutions Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, notes the voting recommendations published by Glass Lewis & Co ("Glass Lewis") and Institutional Shareholder Services ("ISS") in relation to the Group's forthcoming General Meeting to be held...
Material Adverse Effects - When Can A Buyer Withdraw From A Share Purchase Agreement?

Nov 6, 2024 | mondaq.com | Sean Adams |Catherine Naylor |Christopher Richards

Material adverse effects clauses have come under the spotlight in a Commercial Court case that considered whether the defendants were entitled to withdraw from the purchase of a Brazilian nickel mine on the basis of a geotechnical event that affected the site between exchange and completion.
If I recall correctly… malleable memory and deceptive documents

Oct 21, 2024 | lexology.com | Christopher Richards

Have you ever been to a property auction? No, me neither. I’d be terrified of letting my intrusive thoughts in and accidentally walking away with a financially ruinous doer-upper. At least that’s what I would have said until a few weeks ago. Not because that’s not when I started my side-hustle as a clueless property developer, ripping out period features for rage-bait social media clicks.
Supreme Court Revisits Governing Law Of An Arbitration Agreement

Oct 15, 2024 | mondaq.com | Gordon Bell |Christopher Richards

In our International Arbitration Review of 2023, we covered three related cases involving the same defendant, RusChem, concerning the power of the English court to grant anti-suit injunctions (ASIs) in support of foreign-seated arbitrations. As we predicted in that review, those decisions were not the court's final word on the topic.
Litigation Funding - PACCAR Bill delayed until 2025

Aug 14, 2024 | lexology.com | Christopher Richards

In early July, following a change of UK Government, lawyers waited expectantly for the King’s Speech, to hear the legislative priorities for the new parliamentary session. But among proposals for reform of the Arbitration Act and pensions there seemed to be something missing – litigation funding.
Enhancing Trade Finance For Smes In The Caribbean

Aug 5, 2024 | menafn.com | Christopher Richards

Enhancing Trade Finance For Smes In The Caribbean 8/5/2024 12:08:51 AM (MENAFN- Caribbean News Global) By Christopher Richards The World Economic Forum (2023) reports that the trade finance gap is now $1.7 trillion globally, with SMEs disproportionately affected by this shortfall.
Court Of Appeal Highlights A Buyer Can't Rely On Its Own Breach To Avoid Condition Precedent To Payment

Jul 19, 2024 | mondaq.com | Sean Adams |Christopher Richards

The Court of Appeal recently held that a buyer could not rely on its own breach of contract to avoid payment, and that the deposit they had failed to pay was recoverable as a debt (rather than damages, which claim would require satisfaction of the normal principles of causation, mitigation and remoteness). In this briefing, we explain how the so-called "Mackay v Dick" principle works and what it means for parties to commercial contracts.
King’s Speech 2024 includes reform of Arbitration Act

Jul 17, 2024 | lexology.com | Christopher Richards

King opens ParliamentFollowing the UK General Election on 4 July, King Charles III officially opened the new session of parliament today with the King’s Speech – setting out the new Labour government’s legislative plans for this session.
Skeletons in the closet? Court of Appeal mulls access to court documents

Jul 12, 2024 | lexology.com | Christopher Richards |Sean Adams

The Court of Appeal recently heard applications by two car finance companies who sought copies of court documents from a claim to which they were not a party, for use in similar proceedings against them. The decision illustrates the court’s approach to non-party access to court documents, and is interesting against the backdrop of a recent consultation on the same topic. Background to the applicationsThe Court of Appeal was due to hear three separate but similar appeals.