Settlement Agreements and Fraud Based Claims

Tchenguiz and others v Grant Thornton UK LLP and other [2016] EWHC 865 (Comm)
The matter involved the collapse of the Icelandic bank, Kaupthing Bank HF (Kaupthing) in 2008.The High Court was charged with deciding whether settlement agreements could also encompass fraud-based claims, even where the claimants were unaware of the existence of the fraud based claim.
Background
Following the collapse of Kaupthing, the English Serious Fraud Office (SFO) began investigations into Kaupthing; according to the claimants, the SFO investigation arose out of instigations by a member of the winding up committee, Mr Johansson (the fifth defendant), alleging that the claimants had acted criminally, including providing false valuations.
Although the proceedings were brought against Kaupthing, a settlement agreement was eventually reached and contained wide-ranging releases in favour of Kaupthing.
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Contact Details:
Nath Solicitors Limited
4/4a Bloomsbury Square,
London, WC1A 2RP
Tel: 02036705540
Email: shubha@nathsolicitors.co.uk
Web: http://www.nathsolicitors.co.uk/

Scope of Protection for Registered Designs

Magmatic v PMS International [2016] UKSC 12
Background
The Supreme Court was required to considered the scope of protection of the design afforded to Magmatic, manufacturers of “Trunki” the ride-on suitcase.
Magmatic argued infringement of their Community Registered Design by PMS International and their “Kiddee”, and their similar ride-on suitcase.
In the first instance, Magmatic was successful in their claim that the “Kiddee” had in fact infringed the design rights of the “Trunki”. The key issues in consideration of infringement in this matter was the extent to which surface decoration plays in protecting a design and whether the overall impression it creates is different in comparison. It was held that the CRD was only intended to protect the shape and that any surface decoration could be ignored.
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Contact Details:
Nath Solicitors Limited
4/4a Bloomsbury Square,
London, WC1A 2RP
Tel: 02036705540
Email: shubha@nathsolicitors.co.uk
Web: http://www.nathsolicitors.co.uk/

Press Statement Nath Solicitors Joins Homeward Legal Conveyancing Panel

Fitzalan Partners is proud to announce that Nath Solicitors have joined their conveyancing panel.
Home buyers and sellers are now able to find solicitors for legal property services such as conveyancing and transfer of equity through the brands Homeward Legal and Fridaysmove. The customer is guaranteed a solicitor with competitive pricing, fixed fees and a strong adherence to the core service charter.
To be approved as a partner, conveyancing solicitors must meet high service standards. For Nath’s to be partnering with Fitzalan Partners shows their commitment to a high quality of service that customers moving house can use them with confidence for all of their conveyancing needs. Based in Central London, Nath’s are able to help buyer and sellers all around the capital.
About the partnership, Shubha Nath, Managing Director at Nath Solicitors Limited, said:
Not only does Fitzalan Partners attract property buyers and sellers, but they provide advice along the way, and Nath Solicitors echo this client-focussed way of working.
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Contact Details:
Nath Solicitors Limited
4/4a Bloomsbury Square,
London, WC1A 2RP
Tel: 02036705540
Email: shubha@nathsolicitors.co.uk
Web: http://www.nathsolicitors.co.uk/