047 – Case of note

Deutsche Bank AG and another -v- Highland Crusader Offshore Partners LLP and others [2009] EWCA Civ 725; [2009] WLR (D) 254 – a leading Court of Appeal authority in relation to the grant of anti-suit injunctions. The hedge fund, for which the firm was acting in respect of its defence of a US$ 70 million claim, was successful in the Court of Appeal in overturning the grant of an injunction preventing it from continuing its fraud proceedings commenced against the bank in Texas. The bank was represented by Allen & Overy.