On 11 June 2024, the Court of Appeal handed down judgment in Celestial Aviation Services v UniCredit [2024] EWCA Civ 628, one of The Lawyer ’s Top 10 appeals for 2024. The central issue was whether the payment obligation of a confirming bank under letters of credit was suspended by the operation of sanctions introduced against Russia in March 2022. The Court of Appeal decided that it was so suspended, and allowed the appeal on that issue. James Sheehan KC acted for the appellant, UniCredit, with David Quest KC and Rachel Barnes KC, instructed by Davina Given at RPC. Read more here: https://lnkd.in/ePQmxa5Q
Essex Court Chambers
Law Practice
Leading specialists in commercial and financial litigation, arbitration, public law and public international law.
About us
Essex Court Chambers is a leading set of barristers' chambers specialising in commercial and financial litigation, arbitration, public law and public international law. Members of Chambers are recognised specialists in all areas of commercial law and handle disputes across the full spectrum of the business and financial world, including banking & finance, civil fraud, corporate/chancery & offshore, insurance & reinsurance, energy, trade, shipping, revenue, and employment. Chambers is not a firm, nor are its members partners or employees. Rather, Chambers contains the separate, self-contained offices of individual barristers, each self-employed and working separately. Indeed, (as in all specialist sets) individual barristers within Chambers are commonly retained by opposing sides in the same dispute, both in litigation and arbitration. As well as acting on opposing sides, individuals regularly appear in front of other members acting as Deputy Judges or Arbitrators. Members of Chambers may be instructed individually or in a team to provide a wide range and level of expertise in both contentious and non-contentious work.
- Website
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http://www.essexcourt.com
External link for Essex Court Chambers
- Industry
- Law Practice
- Company size
- 51-200 employees
- Headquarters
- London
- Type
- Self-Employed
- Specialties
- Arbitration, Banking & Finance, CDR, Company & Insolvency, Employment, Insurance, Media, Art & Entertainment, Mediation, Offshore Litigation, Professional Negligence, Public & Administrative, PIL, Shipping, Fraud, Partnership, and Commercial Chancery Disputes
Locations
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Primary
24 Lincoln's Inn Fields
London, WC2A 3EG, GB
Employees at Essex Court Chambers
Updates
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Members of Chambers look forward to returning to Cayman next week to host a seminar and reception at the newly launched Hotel Indigo Grand Cayman. Our expert panel including Richard Millett Q.C., David Davies KC, Ruth den Besten KC, Alexander Riddiford and Stuart Cribb will discuss current trends in anti-suit injunctions, sanctions, crypto and insolvency. Senior Clerk Joe Ferrigno and Team Leader Ollie Butcher will also be in attendance and look forward to seeing you at this event. For more information about this event and to register, see here: https://lnkd.in/eTKizCR7 #antisuitinjunctions #sanctions #crypto #insolvency #Cayman
Cayman Seminar and Reception | Essex Court Chambers
essexcourt.com
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The final event of our London International Disputes Week (LIDW) series, ‘Fighting an arbitration: optimising your chances of success’ co-hosted with Travers Smith. This excellent panel gave their thoughts and practical tips on how to increase chances of success in arbitration. Thank you to the panel, Emily Wood KC, David Walsh, Peter Webster, Adam Short and Huw Jenkin and thank you to everyone for joining us both in-person and virtually. #LIDW24 #LIDW #Arbitration
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Many thanks to Freeths for co-hosting this London International Disputes Week (LIDW) event with members of Essex Court Chambers on ‘Warranty & Indemnity insurance'. The panel including David Walsh and Claire Fleetwood moderated by Nick Sutton discussed the minefield of disputes and coverage issues arising from warranty & indemnity insurance claims in corporate transactions/deals, including due diligence, risks, liabilities and investigations, and talked through real-life case studies and developing case law in this area. #LIDW24 #LIDW #InsuranceClaims #Warranty #Indemnity
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Kicking of the final day of London International Disputes Week (LIDW) ‘International law: what commercial practitioners need to know’ co-hosted with RPC- law firm. Alison Macdonald KC chaired the expert panel including Shai Wade, Lucas Bastin KC and Naomi Hart who explored some of the key areas in which international law has recently appeared in commercial cases, including procedural issues (such as service against foreign States), substantive matters (such as the availability of injunctive relief against States) and enforcement issues (including in relation to investment arbitrations). #LIDW24 #LIDW #InternationalLaw #CommercialLaw #Enforcement
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Rounding off another busy day at London International Disputes Week (LIDW) with this panel session co-hosted with Debevoise & Plimpton. The session chaired by Angeline Welsh KC, with expert panellists including David Davies KC, Bibek Mukherjee, Tony Dymond, Konstantin Bureiko discussed the various ways in which sanctions issues impact both procedural and substantive aspects of the arbitral process, including tribunal constitution, the applicable law, interim relief, enforcement and settlement discussions. #LIDW24 #LIDW #Arbitration #Sanctions #Enforcement
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Another great London International Disputes Week (LIDW) event this afternoon, co-hosted with Berkeley Research Group and Dentons. The panel including Paul Key K.C., Peter Bird, Jessica Crow, Athanasia Arapogianni Konisti, Alex McGregor and Sean McGuiness gave their unique perspectives on the current landscape of climate change disputes. The talked about trends, strategic and activist litigation, human rights claims, typical disputes requiring funding and investor appetite, quantum assessments and challenges. #LIDW24 #LIDW #ClimateChange #ClimateChangeLaw #HumanRights #Disputes #QuantumAssessments
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An excellent session today ‘Russian Counter Sanctions - Strategies and Solutions after UniCredit v RCA’ co-hosted with Keidan Harrison LLP and Latham & Watkins at London International Disputes Week (LIDW). Our expert panel explored the risks and potential responses to Russian sanctions following the invasion of Ukraine available to affected parties in courts and in arbitration including anti suit injunctions, emergency arbitrations and enforcement strategies. Thank you to our speakers: Yarik Kryvoi - Keidan Harrison LLP and BIICL (British Institute of International and Comparative Law) Charles Claypoole - Latham & Watkins Stuart Cribb - Essex Court Chambers Lorraine Aboagye - Essex Court Chambers Chaired by LIDW Co-Chair Luke Tucker Harrison - Keidan Harrison LLP #LIDW24 #LIDW #arbitration #ASIs #enforcement
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An insightful member-hosted event to conclude this third day as part of London International Disputes Week (LIDW), co-hosted with Jenner & Block. James Rogers chaired the panel session with Angeline Welsh KC, Lizzie Shimmin, and Olivia Windham Stewart, exploring how evolving English case law has confirmed that a parent company may owe third parties a direct duty of care in respect of the operations of its subsidiaries. The expert panel also discussed some recent cases and their implication against a developing backdrop of ESG regulation and policy. Thank you to our clients and colleagues for joining us. #LIDW24 #LIDW #ParentCompany #EnglishCourt #ESG
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Another great turn out for this member-hosted event taking place at London International Disputes Week (LIDW) co-hosted with Addleshaw Goddard. The panel gave a practical look at the extent to which the English court can support foreign arbitration proceedings. Speakers discussed what interim relief is available from the English court under Ss. 43 and 44 of the Arbitration Act 1996 and S. 37 of the Senior Courts Act 1981, and how this may be impacted by the amendments to the 1996 Act. Thank you to our engaging panel Paul Key K.C., Felix Wardle, Katherine Ratcliffe, Jon Tweedale and Rick Gal #LIDW24 #LIDW #EnglishCourt #Arbitration #InterimRelief