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Lehman v ExxonMobil (2016) – Office hours and wrong numbers in the dying days of Lehman Brothers

Lehman Brothers International (Europe) v ExxonMobil Financial Services BV [2016] EWHC 2699 (Comm) Whilst many know of the infamous collapse of Lehman Brothers, not many are aware of how the fallout from this has helped to clarify important business terms. In a recent dispute between Lehman Brothers (Lehman) and ExxonMobil (Exxon), the High Court was […]

The implications of implied terms

Implied contract terms-Where are we? When considering the terms that may be implied into contracts it is always important to note that courts are in no way inclined to ‘rewrite’ legal documents. There are very few situations where a term is deemed to be ‘implied’ under English Law. Indeed many of the relevant authorities on […]

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