TITLE

Appeal Court victory ends Manches' £40m liability

AUTHOR(S)
Harris, Joanne
PUB. DATE
November 2005
SOURCE
Lawyer;11/14/2005, Vol. 19 Issue 44, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on action and defenses of the company Manches related arbitration claim. The court of Appeal has gives the decision in the favor of Manches Co. which immunizes it from the liability of £40 million related to arbitration claim. Earlier found the company guilty for breach of authority through false representation of the company ABM and imposed the monetary penalty. The Court of Appeal found that the company ABM can not claim any compensation out of the arbitration arrangements made between the company ABM and SEB Trygg Holding.
ACCESSION #
19667056

 

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