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03 February 2017
Issue: 7732 / Categories: Case law , Law digest , In Court
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Practice

Deutsche Bank AG London Branch v CIMB Bank Berhad [2017] EWHC 81 (Comm), [2017] All ER (D) 93 (Jan)

The Commercial Court dismissed the defendant bank’s application for a stay of proceedings commenced against it in the English jurisdiction, where related proceedings had already been commenced in the courts of Singapore. The defendant had not established that Singapore was clearly and distinctly the more appropriate forum than London.

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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