United Kingdom swapsarticle 3(3)summary judgment

Dexia Crediop SpA v Provincia di Pesaro e Urbino

[2022] EWHC 2410 (Comm)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Queen's Bench Division (Commercial Court)

Year2022

StatusPersuasive authority

Key Principle

An Italian province has no real prospect of escaping English-law interest-rate swaps on capacity or Italian-mandatory-law grounds where the transactions are international and validly governed by English law under the parties' ISDA choice-of-law clause.

Area of Law

General

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