Chris Arnold

Jul 14, 2023 | mondaq.com | Stephen Moi |Ian McDonald |Ian Mcdonald |Chris Arnold |Lauren Theodoulou

In a recent decision in Dexia Crediop SpA v Provincia di Brescia [2023]1, the English High Court dismissed the application of the Italian Province of Brescia (the "Defendant") for an order that the Court does not have jurisdiction or, alternatively, should decline jurisdiction, over certain claims brought by the Italian bank Dexia Crediop SpA (the "Claimant") regarding the validity and enforceability of interest rate swaps entered into between the parties shortly before the financial crisis...