The 2020 European financial services outlook
For all financial services practitioners, 2020 will be a year of dynamic developments.
One deal, two jurisdictions: Interpreting competing jurisdiction clauses
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.
Contact
Recent publications
Outsourcing and artificial intelligence: Re-engineering outsourcing agreements
In the 1990s and 2000s, as everything from banking to buying books moved online, “brick and mortar” businesses were suddenly required to have an online presence and to design new business processes to accommodate the new online world.
Subscribe and stay up to date with the latest legal news, information and events...