*/
Indemnity – Construction of indemnity clause. A dispute had arisen between the parties regarding the interpretation of a sale and purchase agreement and whether the defendant had to reimburse the claimant for sums it had paid following the defendant's assessment to tax in the sum of US$313m in Uganda. The judge had interpreted the SPA in the claimant's favour. The Court of Appeal, Civil Division, held that the judge had been correct to hold that the disputed clauses were not conditions precedent, but he had erred in having failed to consider live points at the end of the hearing regarding the assessment of the sum owed. The court ordered that the defendant pay US$27m.
Indemnity – Construction of indemnity clause. A dispute had arisen between the parties regarding the interpretation of a sale and purchase agreement and whether the defendant had to reimburse the claimant for sums it had paid following the defendant's assessment to tax in the sum of US$313m in Uganda. The judge had interpreted the SPA in the claimant's favour. The Court of Appeal, Civil Division, held that the judge had been correct to hold that the disputed clauses were not conditions precedent, but he had erred in having failed to consider live points at the end of the hearing regarding the assessment of the sum owed. The court ordered that the defendant pay US$27m.
Now is the time to tackle inappropriate behaviour at the Bar as well as extend our reach and collaboration with organisations and individuals at home and abroad
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Maria Scotland and Niamh Wilkie report from the Bar Council’s 2024 visit to the United Arab Emirates exploring practice development opportunities for the England and Wales family Bar
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David Wurtzel analyses the outcome of the 2024 silk competition and how it compares with previous years, revealing some striking trends and home truths for the profession
Save for some high-flyers and those who can become commercial arbitrators, it is generally a question of all or nothing but that does not mean moving from hero to zero, says Andrew Hillier
