The UK Supreme Court has today handed down a significant decision on the interpretation of liquidated damages clauses. Watson Farley & Williams acted for the successful party, PTT Public Company Limited.
Watson Farley & Williams has successfully represented PTT Public Company Limited – Thailand’s state-owned oil and gas company – before the UK Supreme Court in the case of Triple Point Technology, Inc v PTT Public Company Ltd.
This article considers updates to the ICC arbitration rules which came into force on 1 January 2021, including provisions on consolidation and joinder, and the use of remote hearings.
The parties have now amicably settled all their disputes, with Jiangsu Guoxin to pay Precious US$40.5m (as announced to the parties’ respective listing authorities).
This article examines the decision in Bresco v Lonsdale, in which the UK Supreme Court held that an adjudicator had jurisdiction to hear a dispute brought by an insolvent party, notwithstanding the existence of cross-claims.
In this article we consider the English Court of Appeal’s decision in Lakatamia Shipping Company Limited v Morimoto on applications for freezing orders and demonstrating a risk of dissipation.
In a judgment handed down today, WFW acted for the successful party on an appeal to the English Commercial Court on key questions concerning SAJ Form shipbuilding contracts (SBCs). This article explores the judgment.
In this briefing, we discuss a recent decision of the English Technology and Construction Court which provides useful guidance on exceptions to the general rule that a company in liquidation cannot pursue and enforce an adjudication.
The new airport opens in 2026 and will be the largest international gateway in Australia by 2060. It is expected to support almost 28,000 jobs within five years of opening.
The English Technology and Construction Court has held that the operation of a pain/gain mechanism in an NEC3 Option C (target cost) form of contract was only to be applied once works had completed, and not on an interim basis.