Lloyd's Maritime and Commercial Law Quarterly
JURISDICTION CLAUSES: COMPLEX CONTRACTUAL STRUCTURES AND MISLEADING LABELS
Anthony Kennedy*
Deutsche Bank v Savona
Deutsche Bank AG v Comune di Savona
1 represents “yet another instance of the litigation between Italian local authorities and banks or other financial institutions with whom they have entered into substantial swap or derivative transactions”.2 Swaps are complex
* Lecturer in Commercial Dispute Resolution, BPP Law School. The author is grateful for the comments of the anonymous referee.
1. [2018] EWCA Civ 1740; [2018] 4 WLR 151; rvsg [2017] EWHC 1013 (Comm); [2018] BCLC 358 (HHJ Waksman QC, sitting as a judge of the High Court).
2. [2017] EWHC 1013 (Comm), [1]. Other “instances” of such litigation include BNP Paribas SA v Trattamento Rifiuti Metropolitani SpA [2018] EWHC 1670 (Comm); [2018] 2 Lloyd’s Rep 171 and Dexia Crediop SpA v Provincia di Brescia [2016] EWHC 3261 (Comm).
Case and comment
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