Commodities in Focus Weekly: ED&F Man Capital Markets Ltd v Come Harvest Holdings Ltd & Ors
Happy New Year and welcome back to Commodities in Focus Weekly. In our first issue for 2023, we highlight the Court of Appeal ("CA") judgment handed down on 21 December 2022 of ED&F Man Capital Markets Ltd v Come Harvest Holdings Ltd & Ors1.
This judgment tells the story of Straits (Singapore) Pte Ltd ("Straits") and others who defrauded ED&F Man Capital Markets Ltd ("MCM") by issuing forged warehouse receipts to MCM in 2016 who, in turn, unknowingly used the receipts to trade nickel. The CA judgment considered whether a settlement agreement in the context of this case should be ignored (on the res inter alia acta or "none of your business" principle) or how, if at all, it and any benefits from it should be taken into account in assessing damages. The decision of the CA has important ramifications.
Click here to read more.
1 [2022] EWCA Civ 1704.
分享文章
相关专业知识
相关文章
Mind the gap: Strait of Hormuz disruption - risk allocation for traders and charterers
A time to suit: lessons from The Taikoo Brilliance on carrier’s liabilities and deck cargo
Section 68 of the Arbitration Act 1996: when the high bar can be cleared
