Brick Court Chambers

News & Events

‘One of the super-sets’, Brick Court Chambers is ‘an all-round strong’ set with ‘a large selection of high-quality competition law specialists’, ‘top commercial counsel’, ‘an excellent chambers for banking litigation’, and a ‘go-to’ set for public administrative law.
The Legal 500 2020
The clerks’ room ‘sets the benchmark’ for other sets with its ‘friendly, knowledgeable, and hardworking’ clerks.
The Legal 500 2020
"An outstanding commercial set with a track record of excellence across its core areas of work."
Chambers & Partners 2018
"A set that is singled out for its "first-rate" clerking and "client service-oriented, commercial approach."

Court of Appeal rules on currency conversion issue in a long term mobile offshore drilling unit contract


[2012] EWCA Civ 522

The Court of Appeal today dismissed an appeal by Stena from the decision of Mr Justice Burton in the Commercial Court. The issue between Hess and Stena arose under a 5 year Mobile Offshore Drilling Unit contract and concerned the currency conversion rate to be used when converting sterling into dollars. Hess argued that the current FT rate should be used. Stena contended that a fixed rate of £1=$2 should be used. The Court of Appeal upheld Hess's arguments.

The judgment is here.

Jonathan Hirst QC appeared for Hess, instructed by White & Case.