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Mon, 7/6/2010
In an interesting and topical judgment, Floyd J on 11 May 2010 upheld a jurisdiction challenge made by FIFA and therefore struck out proceedings brought against FIFA in England by Future Investments SA.
The claim which Future had sought to bring in England concerned the scope of FIFA's rights to distribute videos and DVDs including footage of the 1998 World Cup, such as "FIFA Fever" which is currently on sale worldwide pursuant to a license FIFA had entered into with IMG. Future alleged, and...
Fri, 7/5/2010
On 28 April 2010, the High Court (David Steel J) upheld claims by shipowners, Zodiac Maritime Agencies Limited, that Fortescue Metals Group Ltd, an Australian iron ore producer / exporter, repudiated a five-year consecutive voyage charterparty for the carriage of iron ore from Australia to China. Zodiac was awarded damages to be assessed (in the region of US$80 million) and FMG ordered to pay US$73.5 million on account.
As was widely reported at the time, in December 2008 FMG stopped performing...
