The Financial Conduct Authority v Arch Insurance (UK) Limited and others [2021] UKSC 1 Jonathan Gaisman QC, Adam Fenton QC and Douglas Grant, with Miles Harris of 4 New Square represented Hiscox Insurance Company Limited (“Hiscox”) in the Supreme Court in the expedited test case brought by the Financial Conduct Authority (“FCA”) to determine whether sample […]
News
Covid-19 News
Members of 7KBW intend to produce news items and bulletins on topics related to Covid-19 at regular intervals over the coming months.
Supreme Court gives landmark judgment in COVID-19 business interruption test case appeal: 7KBW team acts for MS Amlin
The Financial Conduct Authority v Arch Insurance (UK) Limited and others [2021] UKSC 1 Gavin Kealey QC, Andrew Wales QC, Sushma Ananda and Henry Moore represented MS Amlin Underwriting Ltd (“MSA”) in the Supreme Court in the expedited test case brought by the FCA to determine whether selected business interruption wordings respond to COVID-19 losses. The judgment of Lords […]
David Allen QC and Michael Ryan successful in Venezuelan fraud dispute
PDVSA Servicios SA v Clyde & Co LLP [2020] EWHC 2819 (Ch) David Allen QC and Michael Ryan successfully appeared in PDVSA Servicios SA v Clyde & Co LLP, a High Court commercial fraud dispute concerning US$330 million held in a solicitors’ escrow account in London. The Claimant, PDVSA – the state oil company of […]
7KBW publication – Carver on Charterparties, Second Edition
7KBW congratulate the authors of Carver on Charterparties upon the publication of the Second Edition of this work under the editorship of Professor Howard Bennett. The authors are Professor Howard Bennett, Julia Dias QC, Stephen Hofmeyr QC, Simon Kerr, Alexander MacDonald, Peter MacDonald Eggers QC, Richard Sarll and Professor Stephen Girvin. The first edition, whose […]
Stephen Hofmeyr QC – Piracy, The Evia No.2, The Ocean Victory and the incorporation of a charter “insurance code” into bills of lading
Herculito Maritime Limited and others v Gunvor International BV and others [2020] EWHC 3318 (Comm) During a voyage from St Petersburg to Singapore with a cargo of 69,493.28 metric tons of fuel oil, MV POLAR was seized by Somali pirates while she was transiting a designated ‘High Risk Area’ in the Gulf of Aden off […]
7KBW success in US$10 million loan dispute
Aegean Baltic Bank SA v Renzlor Shipping Ltd [2020] EWHC 2851 (Comm) Peter MacDonald Eggers QC and Henry Moore have secured a judgment worth c. US$10 million in a loan finance dispute in which they acted for the Claimant, Aegean Baltic Bank S.A. (“the Bank”). The dispute concerned the Defendants’ allegations that the Bank as […]
New Silks – Michael Holmes and Professor Alan Dignam
Chambers is delighted to announce that Michael Holmes and Professor Alan Dignam have been successful in this year’s silk competition. Michael Holmes Michael specialises in all aspects of commercial law, including insurance and reinsurance, shipping and international trade, commercial fraud and professional negligence, with a particular interest in the conflict of laws and jurisdiction disputes. […]
Stephen Hofmeyr QC – Defeats South Africa’s sovereign immunity claim against salvors of sunken 2nd World War silver
Argentum Exploration Limited v 2391 bars of Silver formerly laden on board SS “TILAWA” and all persons claiming to be interested in and/or to have rights in respect of the Silver [2020] EWHC 3434 (Admlty) Stephen Hofmeyr QC, representing the Salvors of 2364 bars of silver recovered from the wreck of the SS TILAWA which […]
David Allen QC – Security For Costs Guidance, Commercial Court
Victor Pisante & Others v George Logothetis & Others [2020] EWHC 3332 (Comm) Henshaw J handed down an interesting judgment on Friday 4 December 2020 regarding the circumstances in which the Commercial Court will grant security for costs. In the underlying dispute, the Claimants allege that the Defendants fraudulently induced them to enter into certain […]
David Allen QC called to the Bar of the British Virgin Islands
Chambers is pleased to announce that David Allen QC has been called to the Bar of the British Virgin Islands by the Honourable Justice Ellis sitting in the Eastern Caribbean Supreme Court.
David Allen QC and Henry Moore appear for Apache before Court of Appeal in important Farm-Out Agreement dispute
Apache North Sea Ltd v Euroil Exploration Ltd [2020] EWCA Civ 1397 David Allen QC and Henry Moore appeared for Apache before the Court of Appeal in a significant oil and gas case. They acted for the appellant and proposed cross-respondent. The appeal concerned a Farm-Out Agreement by which Apache sold to Euroil Exploration Limited […]
Gavin Kealey QC quoted in The Financial Times and by Law 360 in the FCA “Business Interruption” Supreme Court Appeal
Gavin Kealey QC has been quoted in The Financial Times and by Law 360 while acting for insurers in the Financial Conduct Authority (Appellant) v. Arch Insurance (UK) Ltd. and others (Respondents), case number UKSC 2020/0177 appeal that was heard in The Supreme Court from 16th November 2020 for four days. Mathew Vincent of The Financial Times reported […]
