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Introduction
In the recent Court of Appeal case of Haugesunde Kommune and another –v- Depfa ACS Bank (2011) EWCA Civ 33, an appeal was allowed which overturned an order against Norwegian Solicitors...
If a lender lends money under a contract which subsequently is found to be ultra vires, is the lender entitled to recover that money by claiming restitution?
This is a case reminiscent of the “interest-rate swaps” litigation in which the House of Lords eventually held that English local authorities did not have the power to conclude such transactions. ...
Economic duress to change the agreed contract price won’t work – Kolmar v Traxpo, High Court
You’ve secured an important deal to sell some products to a major customer. You’ve got an agreement with a supplier to buy the product. Everything’s in place…that is until your supplier suddenly...