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2 Nov 2011, 11:56 pm by Dharmendra Chatur
The UK Supreme Court on Nov. 2, 2011 handed down two interesting judgments: Rainy Sky S.A and others (Appellants) v Kookmin Bank (Respondent) [ see judgment, press summary, BAILII] The Court held that when there is an ambiguity in construction of a clause in a commercial contract, the interpretation that would be consistent with business common sense should be given effect to. [read post]
7 Jun 2010, 1:26 am by Stephen Page
The High Court has recently commented about the usefulness of constructive trusts. [read post]
12 Jan 2011, 2:00 am by John Day
Union Planters Nat’l Bank, 634 S.W.2d 270, 272 (Tenn. [read post]
19 Feb 2010, 9:15 am by AALRR
The amount of paid leave that can be used for that purpose is limited to the amount of paid leave that would be accrued during six months at the rate of accrual at the time the leave is taken.On February 18, 2010, in McCarther v. [read post]
In addition, from 12 March 2022 it is prohibited to provide specialised financial messaging services to the following banks or any Russian-established subsidiary that is directly or indirectly owned (50% or more) by such banks (i.e., a “SWIFT ban”): (i) Bank Otkritie; (ii) Novikombank; (iii) Promsvyazbank; (iv) Bank Rossiya; (v) Sovcombank; (vi) Vnesheconombank (“VEB”); and (vii) VTB Bank. [read post]