Arbitration
Barclays Bank Plc v VEB.RF [2024] EWHC 3088 (Comm)
The court determined that the notice served by the claimant requiring the defendant to withdraw the arbitration and commence proceedings in the English courts was valid under clause 13(b)(ii) and (iii) of the contractual agreement between the parties. The court ruled that the defendant’s arguments of formal invalidity and waiver/estoppel regarding the claimant’s exercise of its contractual right under clause 13(b)(ii) were unsubstantiated. The court granted the claimant declarations that the arbitral tribunal constituted under LCIA rules had no jurisdiction to determine the dispute between the parties, and allowed the claimant’s application to vary the terms of the final anti-suit injunction granted earlier.
Contract
JMW Solicitors LLP and others v Injury Lawyers 4U Ltd and others [2024] EWHC 3103 (Ch)
This was an application for reverse summary judgment in the High Court. The court determined that the claimants’ claims based on breach of contract (clause 4.3 of the supplemental deed), collateral warranty, and estoppel by convention had no real prospect
