The following Commercial guidance note provides comprehensive and up to date legal information covering:
This year’s annual round-up reviews some of the most significant developments of 2017 and previews what is on the horizon for 2018. This includes the cases of Wood v Capita Insurance Services Limited  UKSC 24 and Ilkerler Otomotiv Sanayai Ve Ticaret Anonim Sirketi v Perkins Engines Company Ltd  EWCA Civ 183, among others. Also included are updates on LexisNexis®’s content, including news of exciting developments from the past year and what is coming up in the next 12 months.
The Supreme Court held in Wood v Capita Insurance Services Limited  UKSC 24 that the appellant, which had purchased a company from the respondent, could not recover compensation it subsequently had to pay to the company’s customers who had been affected by mis-selling before it took over the company. The court found that, properly construed, the indemnity clause in the purchase agreement did not apply to the compensation, save to the extent that it arose out of claims or complaints.
In a unanimous verdict, the Supreme Court held that on the approach to contractual interpretation, the decisions in Rainy Sky SA v Kookmin Bank  UKSC 5 and Arnold v Britton  UKSC 36 were saying the same thing.
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