Bank Notes

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January 2015


30/1/15

EDGEWORTH CAPITAL (LUXEMBOURG) SARL v  RAMBLAS INVESTMENTS BV [2015] EWHC 150 (Comm)

Summarises principles applicable to deciding whether a sum to be paid is a penalty [56].  On the facts a £105m fee payable under a financing arrangement was not payable on a breach of duty and would have been payable in any event.  It was not a disguised penalty.


12/1/15

HILTON v D IV LLP [2015] EWHC 2 (Ch)

An LLP member had a right of access to the “books and records” of the firm.




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