Damages

Recent developments in European Consumer Law: May airlines use T&Cs to prohibit passengers from assigning their rights to claim damages? – Go Health Pro

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Recent developments in European Consumer Law: May airlines use T&Cs to prohibit passengers from assigning their rights to claim damages? – Go Health Pro

In today’s Air Europa Lineas Aéreas judgment (C-173/23) the CJEU looked into the application of the Unfair Contract Terms Directive (UCTD) to contracts concluded between air passengers and air carriers. Specifically, the passenger in case suffered damages as a result of a delay in receiving his checked-in baggage. He assigned his claim for damages against the … Read more

Aon’s White Rock sues China Development Financial institution for damages over Vesttoo collateral fraud – Go Well being Professional

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Aon’s White Rock sues China Development Financial institution for damages over Vesttoo collateral fraud – Go Well being Professional

Aon’s segregated accounts firm White Rock Insurance coverage (SAC) Ltd. has filed a lawsuit in New York towards China Development Financial institution, alleging an “inside man” on the financial institution had represented that letters of credit score (LOC) concerned within the Vesttoo fraud had been genuine, and claiming a minimal $140 million in damages from … Read more

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