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This is a case which serves as a reminder of the high threshold that must be met in order for a court to imply a term into a contract. The judgement was handed down by the Commercial Court and determines an appeal on a point of law under section 69 of the Arbitration Act 1996. Facts The case concerned the sale and subsequent hire of a luxury yacht, the ‘Maltese Falcon’. The yacht was sold by Pleon, the claimant, to Leonis, the defendant in February 2022 under an Agreement for Sale.
Raceway Car Wash is a national car wash chain of over 40 locations, headquartered in Phoenix, Arizona. racewaycarwash.com Raceway Car Wash promotes Co-Founder Andrew Schell to CDO and Josh Perrault to COO to accelerate expansion and operational excellence. PHOENIX, AZ, UNITED STATES, February 17, 2026 /EINPresswire.com/ -- Raceway Car Wash announced this month key leadership appointments that position the company for its next phase of accelerated growth.
In The Federal Republic of Nigeria v JP Morgan Chase Bank NA1, the High Court considered the concept of gross negligence when executing payment instructions and the scope of the Quincecare duty. This is the duty on banks to take reasonable care in executing payment instructions and includes a requirement not to comply with an instruction purporting to be from a customer if there are reasonable grounds for believing that there is an attempt to misappropriate funds.
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