header-logo header-logo

19 April 2012 / Teniola Onabanjo , Paul Lowenstein KC
Issue: 7510 / Categories: Features , Banking , Commercial
printer mail-detail

Location, location, location

Paul Lowenstein QC & Teniola Onabanjo detail why London has become a centre for international litigation

Few will have missed the High Court battle between Boris Berezovsky and Roman Abramovich. JSC BTA Bank’s many claims against Mukhtar Ablyazov and others in relation to an alleged fraud are also ongoing. These high profile cases involving foreign nationals highlight the increasing regularity with which international disputes are litigated in London. Presently, in the Commercial Court approximately 86% of cases involve at least one foreign party and in around 50% of cases all parties are from outside the UK. A glance at the Chancery cause list reveals a similar picture.

In some of these instances, the action will be brought in London because jurisdiction has been established, by agreement or under common law or European forum rules. However, a large number of litigants are choosing to resolve their disputes before the English courts in circumstances where the parties have little or no connection to England. What is driving them to do so?

Legal expertise

The

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Carey Olsen—Patrick Ormond

Carey Olsen—Patrick Ormond

Partner joinscorporate and finance practice in British Virgin Islands

Dawson Cornwell—Naomi Angell

Dawson Cornwell—Naomi Angell

Firm strengthens children department with adoption and surrogacy expert

Penningtons Manches Cooper—Graham Green

Penningtons Manches Cooper—Graham Green

Media and technology expert joins employment team as partner in Cambridge

NEWS
Freezing orders in divorce proceedings can unexpectedly ensnare third parties and disrupt businesses. In NLJ this week, Lucy James of Trowers & Hamlins explains how these orders—dubbed a ‘nuclear weapon’—preserve assets but can extend far beyond spouses to companies and business partners 
A Court of Appeal ruling has clarified that ‘rent’ must be monetary—excluding tenants paid in labour from statutory protection. In this week's NLJ, James Naylor explains Garraway v Phillips, where a tenant worked two days a week instead of paying rent
Thousands more magistrates are to be recruited, under a major shake-up to speed up and expand the hiring process
Three men wrongly imprisoned for a combined 77 years have been released—yet received ‘not a penny’ in compensation, exposing deep flaws in the justice system. Writing in NLJ this week, Dr Jon Robins reports on Justin Plummer, Oliver Campbell and Peter Sullivan, whose convictions collapsed amid discredited forensics, ‘oppressive’ police interviews and unreliable ‘cell confessions’
A quiet month for employment cases still delivers key legal clarifications. In his latest Employment Law Brief for NLJ, Ian Smith reports that whistleblowing protection remains intact even where disclosures are partly self-serving, provided the worker reasonably believes they serve the ‘public interest’ 
back-to-top-scroll