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2 TEMPLE GARDENS, TEMPLE, LONDON, EC4Y 9AY, ENGLAND
Tel:
Work 020 7822 1200
Fax:
Fax 020 7822 1300
DX:
134 LONDON CHANCERY LANE
Email:
Web:
www.2tg.co.uk

Sonia Nolten

Tel:
Work 020 7822 1200
Email:
2TG – 2 Temple Gardens (2TG – 2 Temple Gardens)

Position

An experienced commercial litigator who practises in insurance, banking, commercial fraud and professional negligence. Sonia recently appeared in the Supreme Court in the EL Trigger Litigation. It concerned liability of EL insurers to pay for asbestos-related disease arising out of exposure many years previously. This is the first time that the highest court had considered the Employers Liability (Compulsory Insurance) Act 1969 and provided an important clarification of the law on the construction of contracts, concerning the scope of the admissible factual matrix, the determination of the commercial purpose of a contract and the parameters of custom and practice. She also appeared in the leading case on policy triggers in public liability insurance, Bolton Metropolitan MBC v Municipal Mutual Insurance Ltd [2006] 1 WLR 1492. Sonia is regularly instructed in disputes arising out of a wide range of covers (eg professional indemnity, business interruption, public liability, EL, litigation protection, property, motor). She also has a high profile for her work in the life and health insurance market. She acts for and against banks in a range of banking and financial services claims including: fairness of standard terms, breach of mandate, bills of exchange, and the obligations imposed by FSMA and POCA. In Titan Steel Wheels v Royal Bank of Scotland [2010] EWHC 211 (Comm) she was instructed in connection with Titan’s appeal against the judgment of David Steel J in a case concerning the fairness of the bank’s standard terms and conditions excluding liability for advice given on a complicated currency swap contract. She appeared again in the Supreme Court in BAI (Run off) Limited (In Scheme of Arrangement) v Durham (and 5 other actions) [2012] UKSC 14, which provided an important clarification of the law on the construction of contracts, concerning the scope of the admissible factual matrix, the determination of the commercial purpose of a contract and the parameters of custom and practice. In the high value professional negligence claim Dennard v PricewaterhouseCoopers LLP [2010] EWHC 812 (Ch). Sonia, led by Paul Downes QC acted in the alleged negligent undervaluation of a PHI company by £25-£40m; it is the leading recent case on application of band theory to valuers’ negligence claims.

Career

Called 2002; Inner Temple; appointed to Treasury C Panel 2009.

Languages

French, German, Russian.

Member

COMBAR; LCLCBA; PNBA; BILA.

Education

Wilsthorpe School, Nottingham; Oriel College, Oxford (1995 MA; 1996 Master of Studies); City University (2000 CPE).

Leisure

Theatre, Latin dance and music, fitness


London Bar

Insurance and reinsurance

Within: Insurance and reinsurance – Leading juniors

Sonia Nolten - 2TG – 2 Temple GardensShe provides practical advice, high-level technical expertise and responsiveness.’

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Professional negligence

Within: Professional negligence – Leading juniors

Sonia Nolten - 2TG – 2 Temple GardensHer advice – whether oral or in writing – is always clear and concise.’

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Legal Developments worldwide

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  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
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    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.
  • RECENT COURT ORDER ON GOOGLE RELATED TO PROTECTING INFORMATION RIGHTS

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.