“The most important standard market agreement used in the financial world”[1] – what does it mean? One theme running through the mis-selling litigation in the English Commercial Court in the last 10 years is the primacy of the contract. Time and again, the investor has failed to pierce the protection afforded to the financial institution […]
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Security for Costs – Latest Developments
Security for Costs – Latest Developments The firm recently acted for a client (Dumrul v Standard Chartered Bank [2010] EWHC 2625 (Comm)) successfully defending an application for security for costs. First, a reminder of the general principles: · A Defendant to any claim may apply under CPR Rule 25.12(1) for security of his costs of […]
Gibson & Co awarded “Law Firm of the Year”
Gibson & Co. have been awarded the prestigious “Law Firm of the Year” award by Newcastle upon Tyne Law Society. The firm beat off stiff competition from other leading local firms to gain the sought after award. The inaugural award has been initiated by the Newcastle upon Tyne Law Society to recognise excellence and achievement […]