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 clerks’ room ‘sets the benchmark’ for other sets with its ‘friendly, knowledgeable, and hardworking’ clerks.

"An outstanding commercial set with a track record of excellence across its core areas of work."

"A set that is singled out for its "first-rate" clerking and "client service-oriented, commercial approach."

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

27/05/11

Hess Corporation v. Stena [2011] EWHC 1340 (Comm)

Mr Justice Burton handed down his judgment today in a dispute between Hess and Stena arising under a 5 year Mobile Offshore Drilling Unit contract as to 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 Judge upheld Hess's arguments.

The judgment is here.

Jonathan Hirst QC represented Hess.