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December 7, 2020, Covington Alert
On 27 November 2020, the UK Supreme Court handed down its long-awaited judgment in Halliburton Company v Chubb Bermuda Insurance Ltd [2020] UKSC 48. The Court unanimously dismissed Halliburton’s appeal to remove the court-appointed chair of its tribunal for “apparent bias” in a London-seated insurance coverage arbitration arising out of the Deepwater Horizon ...
October 29, 2020, Covington Alert
This month, the UK Supreme Court issued a decision of fundamental importance to the field of international arbitration, undertaking to answer a simple, but timelessly vexing, question: what law governs the validity and scope of an arbitration agreement, where the law that governs the parties’ contract differs from the law of the seat of arbitration? Is it the ...
January 18, 2018, Covington Alert
We summarise what we see as the ten most significant English Court judgments for financial institutions. The overriding theme to arise from these cases is that, when financial institutions look after their own interests and protect themselves, those protections will be upheld by the English Court and their contractual arrangements will be respected. Financial ...