ED&F Invoices Suit Should Be Moved From UK, Broker Says
Law360, London (November 5, 2019, 4:24 PM GMT) -- A Singapore-based brokerage house being sued in the English courts by commodities trader ED&F Man over fraudulent warehouse receipts told the Court of Appeal on Tuesday that the risk of inconsistent judgments could not be a decisive factor in favor of choosing England as the appropriate forum.
Straits (Singapore) PTE Ltd., which is the 10th defendant in ED&F Man Capital Markets Ltd.’s suit, argued that a lower court was wrong to find that an overwhelming factor for trying all the defendants together in London was that it could avoid multiple proceedings in different jurisdictions.
David Lewis QC, representing Straits, told the Court...
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