Jurisdiction clause in derivatives contract interpreted as granting exclusive jurisdiction to English courts

The High Court has interpreted a jurisdiction clause as granting exclusive jurisdiction to the English courts, despite the absence of the word “exclusive” in the clause in question: Global Maritime Investments Cyprus Limited v O.W. Supply & Trading A/S [2015] EWHC 2690 (Comm). A well drafted jurisdiction clause should make clear that exclusive jurisdiction is … Read more

Goldman Sachs & Ors v Novo Banco: Commercial Court considers Recast Brussels Regulation

The recent decision of the Commercial Court in Goldman Sachs International and Others v Novo Banco S.A.[2015] EWHC 2371 (Comm) is one of the first to consider the English court’s jurisdiction under the recast Brussels Regulation (Council Regulation (EU) 1215/2012) (the “Brussels Regulation“) and as such puts our Handy Guide to Jurisdiction under the Recast Brussels Regulation to the … Read more