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.

See Covid-19 news

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 […]

January 15, 2021

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 […]

January 12, 2021

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 […]

January 11, 2021

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 […]

December 23, 2020

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.  […]

December 17, 2020

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 […]

December 11, 2020

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 […]

November 23, 2020