The Arbitration Act 2025: Key reforms and their impact on international arbitration in the UK The Arbitration Act 2025 significantly refines the UK’s international arbitration framework. Building upon the Arbitration Act 1996, the new legislation modernises arbitration law, enhances efficiency, and clarifies key legal principles. In this article, we examine the most important changes,
El-Husseiny v Invest Bank PSC: Supreme Court ruling on creditor rights On 19 February 2025, the Supreme Court dismissed the appeal in El-Husseiny and another v Invest Bank PSC, a significant case concerning asset recovery and creditor protection. The case involved Invest Bank PSC, a UAE-based public shareholding company, which sued Ahmad Mohammad El-Husseini
Failure to Prevent Fraud Under the Economic Crime and Corporate Transparency Act 2023 The offence of “failure to prevent fraud” has been incorporated into The Economic Crime and Corporate Transparency Act 2023 (the Act). This legislation aims to hold companies accountable if fraud is committed by employees or associated persons for the organisation’s benefit.
Servis-Terminal v Drelle: A Landmark Decision on the Recognition of Foreign Judgments The Court of Appeal has recently clarified an important aspect of cross-border enforcement in insolvency proceedings. In Servis-Terminal LLC v Drelle [2025] EWCA Civ 62, the Court of Appeal ruled that a foreign judgment cannot be used as the basis for a
Investment Fraud Exposed: The Power of Private Prosecution We acted for a client based in the UAE as a private prosecutor in a fraud case, highlighting the devastating impact of investment fraud and the value of private prosecutions in achieving justice. The matter had been reported to the police, but as steps had not
Security for costs relating to Claimant’s based outside of England and Wales There is a general principle in litigation that the losing party will pay the successful party’s legal costs. Where a defendant has concerns that the other side may not pay their costs, they can ask the court to make a security for
Facing corporate insolvency: What do I need to know about personal guarantees? Owners and directors of small and medium-sized businesses and start-ups are often required to sign personal guarantees in order to secure funding. Should you face corporate insolvency a personal guarantee can put all of your personal assets at risk, including your family
