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Royal Court intervenes to set aside trustee decision

In B v Erinvale, the Royal Court intervened to set aside a decision of the trustee not to make the spouse of the settlor a beneficiary in her own right. The courts decision has implications for trustees and their obligation to act reasonably despite the trustee setting out reasons for its original decision. Summary This case concerned an application made by B under Article 51 of the Trusts (Jersey) Law 1984 to be added as a beneficiary of the A Settlement in her own right. B was already a bene...
Michael Birt Chancery Division Of The High Court Family Division Matrimonial Court Royal Court Sir Michael Birt

Come hell, high water or pandemic – COVID-19 will not frustrate aircraft lease agreements

Salam Air SAOC v Latam Airlines Group SA ([2020] EWHC 2414 (Comm)), the Commercial Court: dismissed Salam Airs application for an injunction against Latam, which sought to prevent Latam making a demand for payment under three letters of credit issued in its favour; and rejected Salam Airs argument that the COVID-19 pandemic had frustrated the underlying aircraft leases. Facts In 2017 Salam Air accepted a delivery of three aircraft from Latam, which were leased to it pursuant to operating lease ...
New York United States Asea Angel Justice Rix National Carriersv Panalpina Vedder Price

Tariff-free trade? Understanding rules of origin

Introduction Following its exit from the European Union, a key aspect of the United Kingdoms trade policy has been to conclude free trade agreements (FTAs) with other countries and trading blocs (for further details please see "Back to basics: free trade agreements"). To that end, the United Kingdom has been negotiating roll over FTAs to replace the European Union ones. (1) This includes the most significant of the United Kingdoms FTAs, the Trade and Cooperation Agreement (TCA), which was concl...
United Kingdom James Stuntat Gowling European Union Cooperation Agreement United Kingdom Japan United Kingdom Egypt

Supreme Court addresses confusion between descriptive, non-distinctive trade names

Facts Dairy Partners was a British producer of kneaded cheeses (eg, mozzarella) for the business market in 23 countries, including the Netherlands. It was a large and well-known player in this market and had been trading under the trade name Dairy Partners since 2007. This phrase also appeared in its logo and in its domain name, dairypartners.co.uk. DOC was a Dutch company which was the result of a 2016 merger between a Dutch cheese producer and a German dairy producer. It focused on the Benelu...
United Kingdom Supreme Court Hague Court Arnhem Leeuwarden Court Dairy Partners Trade Names Act

Supreme Court revisits arbitrator independence

In November 2020 the Supreme Court issued a decision significantly affecting the review of arbitration clauses by the Czech courts. The court touched on situations when an arbitration clause leaves the appointment of arbitrators to an independent appointing authority (private arbitration centres).(1) Facts The case concerned an arbitration clause which stated that all disputes arising from the contract would be resolved by a single arbitrator appointed by the agent of a specified limited liabil...
Czech Republic Supreme Court Prague High Court Arbitration Act Civil Code Czech Arbitration Act

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CBDT delays relief for taxpayers facing double taxation

The Central Board of Direct Taxes recently attempted to provide relief to individuals who are stranded in India due to the ongoing travel embargo and may be subject to double tax in India. The clarification sought by way of this circular was highly anticipated by individuals who have been stranded in India during financial year 2020-2021 and qualify as tax residents of India under the Income Tax Act. However, the circular offers no respite to individuals, unlike that issued in 2020.
United States United Kingdom Supreme Court Organisation For Economic Cooperation Central Board Direct Taxes

Courts uphold decision to invalidate place name trademark

Facts Inner Mongolia Blue Ocean Mineral Water Company Limited registered 阿尔山 (a Chinese transliteration of aershan, which means hot spring in Mongolian) as a trademark in Class 32. Inner Mongolia Yunlu Water Industry Company Limited, a mineral water manufacturer located in Aershan, China, cited Articles 10(2) and 11(1)(2) of the Trademark Law to file an invalidation claim against the trademark. Key legislative issues Article 10(2) of the Trademark Law provides as follows: No geographical...
Yun Lu Inner Mongolia Nei Mongol Mongolia Blue Ocean Mineral Water Company Mongolia Yunlu Water Industry Company Mongolia Yunlu Water Industry Company Limited

Burden of proving witness competency

In Daimler AG v Leiduck, the Court of Appeal recently reviewed what appears to have been a novel point regarding which party in civil proceedings has the burden of proving that a witness is competent to give evidence at the time of giving evidence. (1) At first instance, the judge had decided that the burden is on the party that calls the witness (in this case the defendant), as opposed to the party that challenges the competence of the witness. The defendant applied for permission to appeal a...
Hong Kong Warren Ganesh Antony Sassi High Court Evidence Ordinance David Smyth

OCC releases self-assessment tool to help institutions prepare for LIBOR cessation

The London Interbank Offered Rate (LIBOR) is being phased out and replaced by risk-free rates globally. The Office of the Comptroller of the Currency recently issued a self-assessment tool to help national banks, federal savings associations and federal branches and agencies of foreign banking organisations evaluate their preparedness for LIBOR's expected cessation.
Office Of The Comptroller London Interbank Offered Rate Secured Overnight Financing Rate Law Firms Law Updates Legal Updates

IP success for shoe brand Bathu

Proudly South African trainer brand Bathu is not only becoming a beloved household name, but also building a legacy that will last. The brand has arguably captured consumers' attention by ticking all of the boxes of a Western trainer brand while simultaneously presenting an African-centric narrative. This article explores how Bathu is successfully protecting its intellectual property and, in doing so, building a sustainable and financially viable business.
South Africa South African Theo Baloyi Bathu Swag Pty Ltd Proudly South African Bathu Swag

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