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Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

05/08/2014

Lehman Brothers Finance A.G. (in liquidation) v (1) Klaus Tschira Stiftung GmbH & (2) Dr H C Tschira Beteiligungs GmbH & Co KG

This is an archived article, and some links may not work. Contact us if you have any questions.

The problem of parallel proceedings before English and Swiss courts has come before the Chancery Division as part of the ongoing resolution of disputes arising from the failure of Lehman Bros. The liquidator of Lehman Bros Finance AG is disputing a claim by two German companies for over €411 million and cross-claiming over €186 million. In his judgment delivered on 6 August 2014, David Richards J considered whether to stay proceedings in England which had been started after Swiss conciliation proceedings but before Swiss court proceedings, a question which involved deciding an issue on which there is no direct authority, namely the application of Article 30 of the Lugano Convention to Swiss conciliation proceedings. He concluded that the conciliation proceedings did fall within the scope of that provision; but as the Zurich Supreme Court had meanwhile dismissed the Swiss action on the grounds that the matter was subject to an exclusive jurisdiction clause in favour of England he has adjourned the outcome of the stay application pending clarification of the Swiss appeal position.

Alexander Layton QC and Malcolm Jarvis acted for Lehman Bros Finance AG (instructed by Field Fisher Waterhouse LLP).


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