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Bank – Loan. The claimant Russian bank entered into a loan agreement with a Russian company, under which it granted a loan to the company. The company defaulted on the loan and subsequently entered into bankruptcy proceedings in Russia. The bank brought proceedings against the defendants, who it contended had, at the material times, had control of the company and had allegedly caused the company to become insolvent and to cause it loss. The Commercial Court, in dismissing the bank's claim, held that, on the evidence, the bank's case on causation failed and where the bank's loss had not been proved with the necessary certainty and specificity. Further, the bank's claim under the Russian Civil Code could not be brought until the conclusion of the bankruptcy process, which had yet to occur.
Bank – Loan. The claimant Russian bank entered into a loan agreement with a Russian company, under which it granted a loan to the company. The company defaulted on the loan and subsequently entered into bankruptcy proceedings in Russia. The bank brought proceedings against the defendants, who it contended had, at the material times, had control of the company and had allegedly caused the company to become insolvent and to cause it loss. The Commercial Court, in dismissing the bank's claim, held that, on the evidence, the bank's case on causation failed and where the bank's loss had not been proved with the necessary certainty and specificity. Further, the bank's claim under the Russian Civil Code could not be brought until the conclusion of the bankruptcy process, which had yet to occur.
The Bar Council faces both opportunities and challenges on our key areas this year
Rachel Davenport, Co-founder and Director at AlphaBiolabs, discusses the role that drug, alcohol and DNA testing can play in non-court dispute resolution (NCDR)
Casey Randall explores what makes AlphaBiolabs the industry leader for court-admissible DNA testing
By Louise Crush of Westgate Wealth Management
A family lawyer has won a £500 donation for her preferred charity, an education centre for women from disadvantaged backgrounds, thanks to drug, alcohol and DNA testing laboratory AlphaBiolabs’ Giving Back campaign
Louise Crush of Westgate Wealth Management highlights some of the ways you can cut your IHT bill
What's it like being a legal trainee at the Crown Prosecution Service? Amy describes what drew her to the role, the skills required and a typical day in the life
Barbara Mills KC wants to raise the profile of the family Bar. She also wants to improve wellbeing and enhance equality, diversity and inclusion in the profession. She talks to Joshua Rozenberg KC (hon) about her plans for the year ahead
Are Birmingham’s Intensive Supervision Courts successfully turning women offenders’ lives around? Chloe Ashley talks to District Judge Michelle Smith
Professor Dominic Regan and Seán Jones KC identify good value bottles across the price spectrum – from festive fizz to reliable reds
Governments who play fast and loose with the law get into real trouble, says the new Attorney General. The Rt Hon Lord Hermer KC talks to Anthony Inglese CB about what drew this boy from Cardiff to the Bar, bringing the barrister ethos to the front bench, and how he will be measuring success