PURSUING POINTLESS COMMITTAL PROCEEDINGS COULD BE COSTLY: FOR THE APPLICANT
In Public Joint Stock Company Vseukrainskyi Aktsionernyi Bank -v- Maskimov [2014] EWHC 4370 (Comm) Mr Justice Hamblen made it clear that essentially useless litigation will lead to costs against a claimant. The judge awarded costs against the claimant bank in…
WITNESS STATEMENTS GIVING THE SOURCE OF INFORMATION AND BELIEF: A RULE OVERLOOKED AT YOUR PERIL
In JSC Mezhdunarodniy Promyshlenniy Bank -v- Sergi Viktorovich Pugachev [2014] EWHC 4336 (Ch) Mr Justice Mann made some important observations in relation to the need for a witness statement to identify the sources upon which it is based. THE CASE…