These updates aim to provide an invaluable resource for keeping up to date with the most important developments in contract law. In this issue Nick Pointon considers when commitment letters become binding following the Commercial Court’s decision in Novus Aviation v Alubaf, and when “close of business” takes place in the London commercial banking sector following the latest decision in the Lehman Brothers litigation. Our newest member of Chambers, Natasha Dzameh reviews several recent decisions, ranging from issues of offer and acceptance considered in Arcardis Consulting v AMEC to the recovery of damages for a loss of chance in McGill v Sports and Entertainment Media Group. Chancery and commercial pupil, Emma Price looks at the recent decision on the Brogden bankers’ claim for bonuses and considers the approach taken by the Court of Appeal to the construction of contracts.
Each case discussed will feature an “In brief…” summary panel, designed to allow those in a hurry to take the most useful points from each case. No case will occupy more than two pages of the update in total. Although authored by litigators, attempts will be made where possible to identify useful points for the non-contentious practitioner too.
Since our next instalment will be due in March 2017, we take this opportunity to wish all readers a merry Christmas and a happy New Year!
These updates are produced in a pdf format for you to download below: