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High Court Enforces £150 Million Russian Bank Judgments

Diplomatic relations between nation states ebb and flow but political differences are not a bar to cross-border cooperation between legal systems. In one case, the High Court directed enforcement of Russian judgments worth £150 million against a Russian businessman resident in London. The businessman had been the president of a large Russian construction group...

Wife ‘Got There First’ in Big Money Divorce Jurisdiction Skirmish

European law operates on a ‘first past the post’ system when it comes to jurisdiction issues and this has in some instances given rise to a race to launch proceedings. In one case that illustrated the point, the High Court ruled in a big money divorce case that the wife had got there first. The wife had issued a divorce petition in London but took no steps...

Hyperlinking Can Breach Copyright

Hyperlinking Can Breach Copyright In the UK the right of copyright is automatic: it belongs to the creator of an original work and there is no need to apply for it or register it. There is also a widespread, but entirely incorrect, assumption that because something is on the Internet it is free to use and redistribute. Those who redistribute or reproduce the...

Commercial Skulduggery – Merchant Ship Deliberately Scuttled

The commercial courts are often instrumental in exposing skulduggery and that was certainly so in one case in which the director of a shipping company was found to have masterminded the scuttling of a merchant vessel with a view to financial gain. The ship was laden with steel products when she went down in deep water following a fire in her engine room....

Inheritance Tax Charity Exemption Does Not Extend to Overseas Trusts

In a decision of importance to charities and to any British citizen who is domiciled abroad, but who has assets in the UK, the Court of Appeal has ruled that £600,000 in Inheritance Tax (IHT) was properly charged on a woman’s bequest of over £1.8 million for the benefit of elderly Jersey residents. The woman was domiciled in Jersey and, at the date of her...

Businessman Hit by Improperly Obtained Freezing Orders Wins Huge Payout

Asset freezing orders are an essential tool in commercial litigation, but they can have devastating consequences for those targeted and damages are generally payable if they are improperly obtained. The point was strikingly underlined by one High Court case involving a businessman who won tens of millions of dollars in compensation despite his own dishonest...