London may recently have lost ground to Singapore, but practitioners insist it still plays a pivotal role in the world of arbitration.
‘London continues to be a tremendous success story,’ says Herbert Smith Freehills partner Craig Tevendale. ‘It remains one of the most frequently chosen seats of arbitration and, in the global context, is probably still the most popular arbitral seat of all. London is the most frequently selected seat for both LCIA and ICC institutional arbitration and is also a thriving ad hoc seat - with upwards of 1,700 new ad hoc cases commenced under London Maritime Arbitrators Association Terms alone in 2020.
Could business interruption insurance case aid processors? As with many other sectors of the economy, food and drink processors have faced interruption to their operations on an unprecedented scale as a result of the COVID-19 pandemic.
For example, they face the temporary closure of factories due to outbreaks of the disease among workers, disruption to supply chains. Many have also dealt with a drop in demand as restaurants, cafés and other hospitality venues are forced to limit their service offering or close completely.
The business interruption (BI) insurance test case was brought in June 2020 by the Financial Conduct Authority (FCA) on behalf of mostly small and medium sized businesses. These include hospitality venues, which have suffered heavy financial losses as a result of the pandemic and the public health measures taken.
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The purchaser of a business will often want to ensure that any
goodwill associated with the business is protected. In particular,
they will not want the seller to set up a competing business
following completion, attracting many of the business
customers, utilising business secrets to gain an unfair advantage,
or poaching staff.
Walker Morris Commercial Dispute Resolution specialists
Gwendoline Davies, Rebecca Jackson and Jack Heward explain some of
the ways in which UK contract and competition law can afford
protection for a purchaser/employer, and some of the risks and