CREDIT SUISSE FIRST BOSTON (EUROPE) LTD. v. SEAGATE TRADING CO. LTD.

[1999] 1 Lloyd's Rep. 784

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Rix

Practice - Jurisdiction clause - Anti-suit injunction - Trade confirmation agreement contained exclusive English jurisdiction clause - Defendants alleged agreement void ab initio or avoided for fraud - Whether exclusive jurisdiction clause applicable - Action brought in U.S. Court - Standstill Agreement negotiated by parties’ Californian lawyers - Whether defendants party to agreement - Plaintiff brought action in England - Ratification by defendants in U.S. action - Whether ratification in breach of ex parte injunction granted by English Court - Whether English action in breach of Standstill Agreement - Whether anti-suit injunction should be granted.