Contract
EuroBox Deal Paid Members Public
In Short: Segro PLC, a British logistics real estate giant, is set to acquire Tritax EuroBox in an all-share deal worth £552 million. This transaction offers Segro a broader European logistics portfolio while Tritax shareholders receive a premium on their shares.
DAC Beachcroft Represents Westfield in £665,000 Dispute with Clearpay Paid Members Public
In Short: Westfield has taken Clearpay to court for more than £665,000, arguing that the payment processing company wrongly terminated two "buy now, pay later" partnerships linked to advertising at Westfield's London shopping centers.
Stephenson Harwood and Kirkland & Ellis Clash in €150 Million Success Fee Dispute Between Sousou Connect and Former TPG Partner Paid Members Public
In Short: Michael Abel, a former TPG Europe partner, is being sued by Sousou Connect Ltd. for allegedly failing to pay a 1% success fee after they secured a €150 million investment for his new fund.
Norton Rose Fulbright and W Legal Face Off in Carnival’s $3.3 Million Lawsuit Against Maleth Aero Over Late Fees and Deposits Paid Members Public
In Short: Carnival is suing Maleth Aero AOC Ltd. for $3.3 million, accusing the airline of unjustly demanding a late fee and withholding aircraft just days before scheduled flights, while also failing to refund over $2 million in deposits.
RPC and Morgan Lewis Represent Insurers and Lessor in $45M Stranded Jets Dispute Tied to Russia Sanctions Paid Members Public
In Short: Fidelis Underwriting Ltd. contends it's not responsible for a nearly $45 million claim by WWTAI AirOpCo II DAC over aircraft stranded in Russia, arguing the situation arose from the lessee's commercial choices rather than an insured risk.
Uber loses court of appeal case Paid Members Public
What's going on here? The Court of Appeal decided that private hire vehicle operators outside London, like Uber, don't need to contract directly with customers, overturning a prior ruling that could have shaken up the industry.
Slaughter and May and TLT Represent Airwave and Home Office in £13.5M Inflation Adjustment Dispute Paid Members Public
In Short: Airwave Solutions Ltd., a subsidiary of Motorola Solutions, is suing the UK Home Office for unpaid fees totalling £13.5 million, claiming the government incorrectly ceased to adjust payments based on inflation metrics.
Eversheds Sutherland and Thompsons Represent Heathrow Express and Ex-Employees in Appeal Over Lifelong Travel Benefits Paid Members Public
In Short: Heathrow Express must readdress breach of contract claims from former employees who argue they lost their lifelong travel benefits upon redundancy. An appellate tribunal found the initial ruling flawed, questioning whether employees had truly forfeited their rights by accepting a one-time payment.