Payment of statutory demand doesn’t breach sanctions on LIA; Court of Appeal judgment in Maud

The Court of Appeal has allowed the Libyan Investment Authority’s (the LIA’s) appeal against a High Court judgment setting aside the LIA’s statutory demand for payment under a 2008 guarantee made by Glenn Maud – Libyan Investment Authority v Maud [2016] EWCA Civ 788 (see previous blog). A link to the judgment is here. Mr Maud had successfully argued at...