Publication
Regulatory investigations and enforcement: Key developments
The past six months have seen a number of key changes in the regulatory investigations and enforcement space.
One deal, two jurisdictions: Interpreting competing jurisdiction clauses
Global | Publication | September 2019
The Court of Appeal has provided comfort to the derivatives market by giving a wide, commercial interpretation to an exclusive English jurisdiction clause in the 1992 ISDA Master Agreement. In BNP Paribas SA v Trattamento Rifiuti Metropolitani SPA [2019] EWCA Civ 768, it upheld a decision that a competing jurisdiction clause in another related contract did not override the English jurisdiction clause.
The judgment also helpfully brings together the relevant case law on how to interpret competing jurisdiction clauses. To read the full article, please register here.
Senior Associate
Email
jonathan.hawkins@nortonrosefulbright.com
Recent publications
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