Contract

28 October 2016

Issue: 7720 / Categories: Case law , Law digest , In Court

Libyan Investment Authority (incorporated under the laws of the State of Libya) v Goldman Sachs International [2016] EWHC 2530 (Ch), 2016] All ER (D) 120 (Oct)

The Chancery Division dismissed the claims of the claimant organisation, which made investments for the Government of Libya, against the defendant bank. The claimant had been unable to prove that there had been undue influence on the part of the bank, and therefore it was unable to set aside a number of disputed trades on the ground that they had been unconscionable bargains.

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MOVERS & SHAKERS

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Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS

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Stress at work for corporate counsel

One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)

Chancery Lane says no to LeO

The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers

Human rights concerns for patients, prisoners & immigration detainees

Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned

Licensing fast-track for conveyancing & probate professionals

Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals

Stress at work? Join the (employment tribunal claim) queue

Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace

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Contract

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Ellisons—Carla Jones

Freeths—Louise Mahon