Arbitration update: Cour de Cassation allows enforcement of Kabab-ji award

The French Cour de Cassation, France’s supreme court of appeal, has just handed down its decision in Kabab-ji v Kout Food Group, concerning enforcement of a 2017 Paris arbitral award. In its judgment of 28 September 2022, the French Court found in favour of Kabab-ji. In dismissing Kout’s appeal on the annulment, the Court effectively…

Update on landmark cryptocurrency litigation – the first competition claim in the cryptocurrency sphere

The Competition Appeals Tribunal website has been updated to include summary details of Velitor Law’s involvement in the BSV Claims litigation, as well as other claims subject to the CAT’s jurisdiction. The Competition Appeal Tribunal’s summary can be seen here:  https://www.catribunal.org.uk/cases/15237722-bsv-claims-limited The claim is being brought by Lord Currie of Marylebone as class representative to…

Velitor acts for BSV Claims Ltd in landmark cryptocurrency litigation

Velitor Law acting for BSV Claims, has filed a collective opt-out claim against various leading cryptocurrency exchanges. BSV Claims, led by Lord Currie of Marylebone as the lead class representative, seeks damages currently estimated at approximately £10 billion on behalf of an estimated class of more than 240,000 UK investors in Bitcoin Satoshi Vision (BSV)….

Supreme Court rejects a one-size-fits-all approach to costs orders against public authorities (CMA v Flynn Pharma Ltd & Ors [2022] UKSC 14)

On 25 May 2022, the UK’s Supreme Court issued a decision on the apportionment of costs in the Competition Appeal Tribunal (the “CAT”). This decision has implications for future costs rulings of the CAT where the Competition and Markets Authority (“CMA”) is a party. The decision is also of broader significance insofar as it rejects…

Velitor at the BSV Global Blockchain Convention in Dubai 24-26 May 2022

Velitor made their exhibitor debut at the BSV Global Blockchain Convention with founder Seamus Andrew speaking at the “Law & Order: Regulatory Compliance for Blockchain & Digital Assets” panel.  Velitor’s booth, guarded by a trusty Stormtrooper aptly christened “Stormy”, delighted guests and speakers alike, providing an interesting talking point in relation to the Ainsworth v…

Velitor Law attending the BSV Global Blockchain Convention in Dubai

Velitor Law is pleased to announce that it will be attending the BSV Global Blockchain Convention in Dubai as an Exhibitor Partner. The BSV Global Blockchain Convention will take place in Dubai between 24-26 May 2022, patronised by HH Sheikh Saud bin Saqr al Qasimi of Ras Al-Khaimah and the Ras Al-Khaimah Chamber of Commerce….

Bailey v Cherry Hill Skip Hire Ltd & Ors [2022] EWCA Civ 531 (27 April 2022)

In a single judgment handed down on 27 April 2022, Lady Justice Andrews allowed an appeal against the dismissal of an unfair prejudice petition under section 994 of the Companies Act 2006. The judgment provides welcome clarity on the circumstances in which delay in bringing an unfair prejudice petition will see the petition fail at…

Refusal to arbitrate: “£33 quadrillion” High Court claim dismissed following suspended arbitration

The English High Court recently dismissed a suit for “£33.3 quadrillion” in Sangamneheri v The Chartered Institute of Arbitrators & Ors [2022] EWHC 886 (Comm) (12 April 2022), at the same time handing down a two year extended civil restraint order (ECRO) [1] against the claimant, Mr Sangamneheri, for persistently vexatious litigation. Patricia Robertson QC, sitting…