SEADRILL GHANA OPERATIONS LIMITED v. TULLOW GHANA LIMITED
ENGLAND AND WALES HIGH COURT
Drilling for oil is a risky business. Oil companies seek to protect themselves against the financial consequences of risk by appropriate clauses in their contracts, for example, by a force majeure clause. This case concerns a contract for the hire of an ex pensive oil rig which contained such a clause. During the course of a territorial sea dispute between neighbouring states the arbitration tribunal determining that dispute required drilling to cease in the disputed sea where drilling was to take place....
Ex-wife awarded half of lottery winnings after appeal court rules they are matrimonial assets
Lottery winnings are matrimonial assets, and should be divided equally in a divorce
Singapore’s highest court has ruled that lottery winnings count as matrimonial assets in a divorce, as it overturned an ex-husband’s claim to a bigger slice of S$1.25 million in winnings from a ticket he had bought.
The ex-husband, now 63, and ex-wife, now 55, were still married in 2002 when 4D numbers delivered the hefty prize money. The ex-husband was initially given 58 per cent of the overall assets — in part on the basis that he had contributed the lottery winnings.
Patagonia sues Budweiser’s parent for its ‘copycat’ beer brand
Apparel company Patagonia claims brewer AB InBev has used marketing to confuse consumers
Outdoor apparel company Patagonia filed a lawsuit Tuesday against Anheuser-Busch InBev, claiming that the brewer’s Patagonia beer is a “copycat brand.”
Patagonia alleges that AB InBev is trying to take advantage of the apparel company’s goodwill. AB InBev only recently began testing its Patagonia brand stateside, after years of success in Argentina.