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Harneys Happenings

What are the latest “Harneys Happenings”? We are a busy bunch with our Litigation team hailing from Bermuda, BVI, Cayman Islands, Hong Kong and London. Keep up to date with what each office is up to here with Harneys Happenings.   

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Wriggle Room? What amounts to the “ordinary and proper course of business” exception in freezing orders

In the recent judgment in PJSC Commercial Bank PrivatBank v Kolomoisky, Justice Fancourt considered whether certain transactions were within the “ordinary and proper course of business” exception in a world-wide freezing order. The claimant bank (PrivatBank) brought proceedings against several defendants including the First Defendant (Kolomoisky) who owned and controlled a large network of companies.

 1+

Singapore’s insolvency laws continue to evolve

Singapore’s Ministry of Law (known locally as MinLaw) has submitted a bill to update the country’s insolvency and debt restructuring laws which would see a number of welcomed revisions to assist the development of Singapore’s recently implemented restructuring regime. The new bill proposes various structural changes to the country’s insolvency laws: consolidating the personal and

 2+

Inspection of documents refused where it would not be necessary for the fair disposal of proceedings

In the recent judgment in Palladyne International Asset Management B.V. v Upper Brook and Ors, Justice Segal refused to make an order for the inspection of certain documents over which the Defendants claimed litigation privilege. While on the facts of the case, the Defendants were not able to establish the claim to privilege and the

 5+

English High Court has no legitimate interest in policing party’s attempt to obtain evidence for use in foreign proceedings

In a recent decision, the English High Court in Dreymoor Fertilisers Overseas v Eurochem found that the subject of a US disclosure order should not be relieved from its obligations under that order even though the court recognised that compliance may cause it problems given its involvement in arbitration proceedings in England. One of the

 3+

Harneys Happenings

What are the latest “Harneys Happenings”? We are a busy bunch with our Litigation team hailing from Bermuda, BVI, Cayman Islands, Hong Kong and London. Keep up to date with what each office is up to here with Harneys Happenings.   

 31+

Wriggle Room? What amounts to the “ordinary and proper course of business” exception in freezing orders

In the recent judgment in PJSC Commercial Bank PrivatBank v Kolomoisky, Justice Fancourt considered whether certain transactions were within the “ordinary and proper course of business” exception in a world-wide freezing order. The claimant bank (PrivatBank) brought proceedings against several defendants including the First Defendant (Kolomoisky) who owned and controlled a large network of companies.

 1+

Singapore’s insolvency laws continue to evolve

Singapore’s Ministry of Law (known locally as MinLaw) has submitted a bill to update the country’s insolvency and debt restructuring laws which would see a number of welcomed revisions to assist the development of Singapore’s recently implemented restructuring regime. The new bill proposes various structural changes to the country’s insolvency laws: consolidating the personal and

 2+

Inspection of documents refused where it would not be necessary for the fair disposal of proceedings

In the recent judgment in Palladyne International Asset Management B.V. v Upper Brook and Ors, Justice Segal refused to make an order for the inspection of certain documents over which the Defendants claimed litigation privilege. While on the facts of the case, the Defendants were not able to establish the claim to privilege and the

 5+

English High Court has no legitimate interest in policing party’s attempt to obtain evidence for use in foreign proceedings

In a recent decision, the English High Court in Dreymoor Fertilisers Overseas v Eurochem found that the subject of a US disclosure order should not be relieved from its obligations under that order even though the court recognised that compliance may cause it problems given its involvement in arbitration proceedings in England. One of the

 3+

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Latest posts

Harneys Happenings

Wriggle Room? What amounts to the “ordinary and proper course of business” exception in freezing orders

Singapore’s insolvency laws continue to evolve

Inspection of documents refused where it would not be necessary for the fair disposal of proceedings

English High Court has no legitimate interest in policing party’s attempt to obtain evidence for use in foreign proceedings

INSOL International Dubai One Day Seminar: Ian Mann speaking on Offshore panel

When is merger price the fair [value] price?

Competing take-private proposals – Re Ehi Car Services Limited

May the Force be with you – Force Majeure Clauses in the Spotlight

In the matter of CW Group Holdings Limited: Cayman Court favours appointment of “light touch” provisional liquidators

Tainted trust assets held in limbo and impede termination of the trust

English High Court steels itself for the evolving nature of injunctions in an ever-changing world