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20 March 2015
Issue: 7645 / Categories: Case law , Law digest
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Costs

Excalibur Ventures LLC v Texas Keystone Inc and others [2015] EWHC 566 (Comm), [2015] All ER (D) 109 (Mar)

Following an earlier judgment (see [2014] EWHC 3436 (Comm)), the Commercial Court considered, among other things, the percentage of the costs claimed that were to be awarded against the claimant, whether the rate prescribed pursuant to the Judgments Act 1838 should start any earlier than the judgment date, and the date from which interest was to be calculated. It held that interest would be payable at the rate prescribed pursuant to the 1838 Act, and that 80% of the sum claimed was a reasonable figure for an interim payment on account of costs and interest.

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MOVERS & SHAKERS

mfg Solicitors—Hayley Pearce & Lauren Williams

mfg Solicitors—Hayley Pearce & Lauren Williams

Law firm mfg Solicitors announces promotions at Ludlow office

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson appoints partner in Leeds residential team

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

NEWS
The legal profession's AI challenge extends far beyond fabricated case citations, according to a warning about the next phase of technological risk
Law firms should use the transition period before the Financial Conduct Authority (FCA) assumes anti-money laundering (AML) supervision to strengthen governance and compliance, experts have warned
Cross-border disputes increasingly demand creative approaches to gathering evidence, with litigators needing to look beyond traditional letters of request
A Court of Appeal ruling has clarified the distinction between contracts of 'indefinite' and 'perpetual' duration, with potentially significant implications for commercial drafting
The Court of Appeal was entitled to uphold the government's decision to proscribe Palestine Action as a terrorist organisation, according to an analysis of the ruling
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