News

Hedging and speculation

The Venezia Appeal On 8 November 2022, we reported on the first instance decision of Foxton J in Banca Intesa SanPaolo v Comune di Venezia.  The Court of Appeal has now reversed that decision ([2023] EWCA Civ 1482).  This article will respectfully suggest that the Court of Appeal reached the wrong decision because it misunderstood […]