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In Tonstate Group Ltd & Ors v Wojakovski & Ors, Mr Justice Zacaroli ruled today that neither Keidan Harrison nor Raydens was in breach of a freezing order applying to property developer Edward Wojakoski. Claimants in the underlying shareholder dispute, estimated to be worth more than £30m, had applied for disclosure of information and documents relating to the source of funding for legal assistance provided to him by the firms. They did not accept that the funding was genuinely third-party money and submitted that the freezing order stating that Wojakovski should tell the applicants’ legal representatives where any money he spent was coming from had been breached. ....
Much-needed clarity - lawyers reflect on the landmark UK Covid-19 insurance test case 19 January 2021 Much-needed clarity - lawyers reflect on the landmark UK Covid-19 insurance test case While the claimant lawyers are celebrating, advisers on both sides have welcomed the Supreme Court s judgment Shutterstock; Philographer An array of UK claimant and defendant lawyers have been assessing the impact of the Supreme Court Covid-19 business interruption insurance test case, which came to a headline-grabbing conclusion last Friday. Lawyers acting for the for the Financial Conduct Authority (FCA), which led the initiative, and for the 1,000s of small businesses affected by the first lockdown who can now expect pay outs were unsurprisingly celebrating for their clients. But there was agreement on both sides that the landmark ruling had delivered welcome clarity in an impressively short timeframe. ....