Contract

27 July 2017

Issue: 7756 / Categories: Case law , Law digest , In Court

Medsted Associates Ltd v Canaccord Genuity Wealth (International) Ltd [2017] EWHC 1815 (Comm) , [2017] EWHC 1815 (Comm), [2017] All ER (D) 151 (Jul)

The Commercial Court held that the defendant company, Canaccord, had been in breach of contract with the claimant company, Medsted, in trading with its clients at reduced rates and without Medsted being informed, causing a loss to Medsted. However, Medsted was only entitled to nominal damages, because the root of the damage had been Medsted’s breach of fiduciary duty to its own clients

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MOVERS & SHAKERS

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Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

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Contract

MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Shakespeare Martineau—six appointments

Myers & Co—Jess Latham