Category: Dispute Resolution
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Claims against Lebanese banks: Banque du Liban Basic Decision No. 13729
On 1 July 2025, the Lebanese central bank, Banque du Liban (“BdL”), issued Basic Decision No. 13729 (the “Decision”), which purports to restrict the ability of all banks operating in Lebanon to pay funds from foreign currency accounts created prior to 17 November 2019, save in certain circumstances.
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BAM welcomes new consultant solicitor to strengthen legal expertise
Experienced consultant solicitor Adam Greaves joins Branch Austin McCormick (BAM) with 30 years’ experience of high value, cross-border litigation and arbitration, working for clients from all over the world, including Eastern Europe and Central Asia. BAM is pleased to announce the addition of Adam Greaves as a Consultant Solicitor, bringing…
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Misrepresentation
Misrepresentation occurs when a false statement of fact is made by one party to another party, inducing the other party to enter into a contract. This can have significant legal consequences. We have dealt with many cases where misrepresentation is in issue. For a claim to be successful the untruthful…
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How to respond to a breach of contract
Breach of contract guide It is a mistake to believe that all breaches of contract mean the other party has the legal right to end the agreement and/or that any breach means you will be entitled to monetary compensation (damages). In fact, most breaches of contract do not give rise…
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Shareholder disputes
Shareholder and/or director disputes are common. The causes vary, ranging from personality clashes through to where majority shareholders deliberately act in their own interests, diverting business away, strategic disagreements, deadlock or where shareholders who are not directors are refused access to information. We are highly experienced in dealing with shareholder…
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Unfair prejudice
Swift action is crucial when facing blatant manipulation, asset misuse, or resource depletion by a majority shareholder. Delay can erode the company’s value, diminishing the value of your shares even if the court mandates a sale or buy-out. Our lawyers advise on shareholder disputes and unfair prejudice claims on…
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The Republic of Vanuatu – in the Court of Appeal – State Immunity
Branch Austin McCormick is acting for the government of the Republic of Vanuatu (Republic), a nation of seventy nine Pacific islands, in a legal battle over the sale of its fishing quota of Jack Mackerel which it claims was corruptly awarded to a Panamanian registered company, Unimed Glory S.A. (Unimed).
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Lebanese Financial Crisis: English High Court rules in favour of depositor by ordering the Bank of Beirut to make an international transfer of c. US$7 million plus interest
On 15 August 2022 the English High Court made a ruling in the latest case tried in London arising out of restrictions on withdrawals imposed by Lebanese banks (Bitar v Bank of Beirut S.A.L [2022] EWHC 2163 (QB) (“Bitar”)), in circumstances where Lebanon is in the midst of a severe…