Simetra Global Assets Ltd and another company v Ikon Finance Ltd and others

Practice – Pre-trial or post-judgment relief. Although a re-trial of a 13-day Commercial Court trial would place a heavy burden of costs and additional stress on the parties, the Court of Appeal, Civil Division, held that it was the correct approach to take. The judgment had failed properly to analyse the witness and documentary evidence on a number of critical issue, failed to address issues that had arisen at trial and had given limited reasoning.

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